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... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...