Snack brand Livia's

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Company News

UK Snack Brand Livia’s Bought by S-Ventures After Going Into Administration

British free-from snack brand Livia’s has been bought by London investor S-Ventures after falling into administration. The company reported a pre-tax loss of £1.4 million for the year ending September 30 2020. Until 2020, Livia’s experienced rapid growth of 150% YOY. The company was the UK’s fastest-growing free-from snacks brand, raising over £1 million in a crowdfunding campaign 18 months ago. With listings at major supermarkets Sainsbury’s, Tesco, Waitrose, and Ocado, founder Olivia Wollenberg told vegconomist in 2021 that the brand was “unstoppable”. Impact of Covid-19 Despite its previous success, Livia’s was hit hard by the pandemic, as many of its sales come from meal deals, impulse buys, and on-the-go snacks. Livia’s had been valued at £11.3 million following its crowdfunding campaign, but the company …

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©Pulsin

Company News

S-Ventures Acquires Pulsin Limited For £7.5 Million

London’s S-Ventures PLC has acquired 100% of the share capital of Pulsin Limited, a well-established plant-based nutrition company operating within plant-based nutrition technology, manufacturing and sales. This follows its acquisitions earlier this year of a probiotic chocolate brand, Ohso Chocolate, and a plant-based snacking company, We Love Purely. Pulsin formulates and produces plant-based products under its own brands as well as for third parties, many of which are household names, from its specialised facilities in Gloucester, UK. Pulsin had gross sales of approximately £7.05m in the twelve months to 30 April 2021 and approximately £1.2m of net debt as of that date. The entire Pulsin team, led by Simon Ashburner, will join the S-Ventures family. Simon will continue as Managing Director of Pulsin and also …

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