S-Ventures acquires Pulsin for £7.5m

S-Ventures acquires Pulsin for £7.5m
FinanceFMCG

Investment group S-Ventures has acquired plant-based nutrition company Pulsin for £7.5 million.  

Pulsin, which specialises in healthy protein bars, Keto bars and nutritional snacks, had gross sales of approximately £7.05 million in the twelve months to April 30 2021, and approximately £1.2 million of net debt at that date. 

S-Ventures said the acquisition will add “significantly” to its interests in the health and wellness foods marketplace following acquisitions earlier this year of a probiotic chocolate brand, Ohso chocolate, and a plant-based snacking brand, We Love Purely. 

The entire team at the company will be welcomed to S-Ventures, with Simon Ashburner k ng his position on the board as Pulsin’s managing director.  

READ MORE: Inc Retail acquires GUT Instinct

Ashburner will also join S-Venture’s senior executive team as a contributor to the corporation.  

“We are delighted to welcome the Pulsin team to the S-Ventures family and look forward to accelerating the progress Pulsin has made in establishing itself as a prominent brand in this space,” S-Ventures chief executive Scott Livingston said.  

“Pulsin is an important acquisition for S-Ventures and reinforces our brand presence, total infrastructure and opportunity for synergy.” 

Pulsin managing director Simon Ashburner added: “We are delighted in the successful sale and move to S-Ventures and look forward to further developing the brand in the UK and internationally.” 

Click here to sign up to Grocery Gazette’s free daily email newsletter

FinanceFMCG

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

FinanceFMCG

Share:

S-Ventures acquires Pulsin for £7.5m

S-Ventures acquires Pulsin for £7.5m

Investment group S-Ventures has acquired plant-based nutrition company Pulsin for £7.5 million.  

Pulsin, which specialises in healthy protein bars, Keto bars and nutritional snacks, had gross sales of approximately £7.05 million in the twelve months to April 30 2021, and approximately £1.2 million of net debt at that date. 

S-Ventures said the acquisition will add “significantly” to its interests in the health and wellness foods marketplace following acquisitions earlier this year of a probiotic chocolate brand, Ohso chocolate, and a plant-based snacking brand, We Love Purely. 

The entire team at the company will be welcomed to S-Ventures, with Simon Ashburner k ng his position on the board as Pulsin’s managing director.  

READ MORE: Inc Retail acquires GUT Instinct

Ashburner will also join S-Venture’s senior executive team as a contributor to the corporation.  

“We are delighted to welcome the Pulsin team to the S-Ventures family and look forward to accelerating the progress Pulsin has made in establishing itself as a prominent brand in this space,” S-Ventures chief executive Scott Livingston said.  

“Pulsin is an important acquisition for S-Ventures and reinforces our brand presence, total infrastructure and opportunity for synergy.” 

Pulsin managing director Simon Ashburner added: “We are delighted in the successful sale and move to S-Ventures and look forward to further developing the brand in the UK and internationally.” 

Click here to sign up to Grocery Gazette’s free daily email newsletter

FinanceFMCG

Social

SUBSCRIBE TO OUR DAILY NEWSLETTER

  • This field is for validation purposes and should be left unchanged.

Most Read

Most Read

FinanceFMCG

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED STORIES

Latest Feature

Menu

Please enter the verification code sent to your email: