Spectrum Corporate Finance has advised the owners of SCI-MX Nutrition on the successful sale to family run business Samworth Brothers.
Spectrum acted as lead advisor to the owners, helping structure the deal and project managing the process within a tight deadline. This culminated in a smooth and successful transaction within the desired timeframe and delivered an excellent outcome for the owners.
SCI-MX Nutrition is one of the leading sports nutrition businesses in the UK. Their products are designed to provide advanced nutrition for muscle development, physique transformation and increased performance and are based on the latest scientific findings from the world’s top universities and sports research institutes. Endorsement from some of the world's leading sports stars has created invaluable aspirational value for the brand.
Samworth Brothers is one of the UK’s leading food manufacturers and is a fourth generation family business, employing over 8,000 people and comprising of seventeen household name brands including Ginsters, Soreen and Melton Foods.
Following the successful acquisition of Soreen last year, SCI-MX Nutrition is the latest business to join the Samworth Brothers group. The SCI-MX Nutrition acquisition is an excellent fit and represents an exciting development for Samworth Brothers, leading them into a new and high growth sector.
SCI-MX Nutrition’s management team will remain with the business and will be helped by Samworth Brothers’ strong retailer relationships and their proven ability to grow brands. For Samworth Brothers this move will build on their successful Soreen acquisition, a brand with strong sport and healthy living credentials, and their other sporting involvement with the Charity Challenge and Brownlee Brothers sponsorship.
"Spectrum got up to speed really quickly on understanding our business, and worked tirelessly alongside the management team to address the key deal issues. They were strong in project management to ensure the deal was completed within a very tight timescale."Tim Hyman, Owner of SCI-MX Nutrition