Livia’s Health Foods has been acquired by S-Ventures PLC
Livia’s Health Foods (Livia’s) has been acquired by S-Ventures PLC.
Livia’s was founded in 2014 with the aim of creating indulgent, innovative snack food products made with plant-based, natural ingredients. All products are gluten and dairy free. In 2017, the company launched its products nationwide to major UK grocery stores and supermarkets, such as Sainsbury’s, Ocado and Waitrose. The company’s product range includes Million Squares, Nugglets and Dunx, all made of natural ingredients. More recently in 2020, it expanded further into sweet snacking with the launch of Dunx Dips.
S-Ventures is listed on the UK AQUIS Exchange (Ticker Code "SVEN"). The company seeks to identify investment opportunities in the health and wellness, organic food and wellbeing sectors within the UK and Europe, adding value by providing capital and expertise to the target companies. The experience and operational skills of the board, led by Scott Livingstone (CEO), are intended to act as an accelerator to smaller brands that have a strong foundation and platform, but may lack the skills and capital. The main objectives are to cross-fertilize opportunities between the target companies, scale the individual entities and look for exit opportunities and/or synergistic collaborations, and to create significant value for all stakeholders. Since listing on AQSE in September 2020, the company has acquired significant interests in six companies.
Oaklins Evelyn Partners, based in the UK, provided M&A support to the administrators.
Clare Lloyd
Administrator
Talk to the deal team
Related deals
Luxid Group has sold a minority stake to Voland Partners
Finnish marketing technology pioneer Luxid Group has sold its minority stake to the private equity company Voland Partners to boost its international growth.
Learn moreTransDigm Group has acquired Raptor Scientific from L Squared Capital Partners for US$655 million
TransDigm Group Incorporated (NYSE: TDG) has successfully completed its acquisition of Raptor Scientific, a portfolio company of L Squared Capital Partners, for approximately US$655 million in cash.
Learn moreRoyal Reesink has sold Motrac Industries to Anders Invest
Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.
Learn more