Sports nutrition firm to double in size with £32m acquisition
A sports nutrition firm has announced that it is splashing out £32m to acquire the firm behind a market leading protein brand.
Lancashire based Science in Sport develops, manufactures and markets sports nutrition products for elite athletes and sports enthusiasts.
The company has announced the proposed acquisition of PhD Nutrition which is based in Willerby near Hull for a total consideration of £32m.
SiS has completed a placing to raise approximately £29m in order to fund the majority of the cash consideration of the acqu... For the full story register now for free or login below...