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
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