Farrer & Co has advised S-Ventures Plc, an investor in health and wellness food businesses, on its acquisition of 100 per cent of the share capital of Pulsin Ltd for a total consideration (including a contingent portion) of around £7.5m. Pulsin is a well-established and highly respected plant-based nutrition company, excelling in plant-based nutrition technology, manufacturing and sales, with a focus on healthy protein bars, nutritional snacks and Keto bars.
This acquisition adds significantly to S-Ventures' 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 company, We Love Purely.
The Corporate team completed the deal on Friday 23 July and were supported throughout by colleagues from across the Commercial and Property departments at the firm.
© Farrer & Co LLP, August 2021