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IN BRIEF: THG buys snack bar maker Brighter Foods from Real Good Food

Thu, 22nd Apr 2021 14:01

THG PLC - Manchester-based firm that owns online retailing platform the Hut Group - Agrees to acquire specialist developer and manufacturer of snack bars Brighter Foods Ltd from Real Good Food PLC for GBP43.0 million. Notes the transaction, which was on a cash-free and debt-free basis, is expected to complete on or around May 11. Says the acquisition enables THG Nutrition to reduce lead-times for new product launches "significantly", while ensuring product IP remains exclusive.

"The Brighter team bring a wealth of bar manufacturing and product development expertise, and in line with the Claremont and Berryman's acquisitions, enables THG to significantly accelerate the launch of further product innovation into global markets, while increasing the proportion of THG Nutrition products wholly manufactured in-house," says THG Executive Chair & Chief Executive Matthew Moulding.

THG current stock price: 641.00 pence, up 2.1% on Thursday

Real Good Food current stock price: 2.75p, up 5.8% on Thursday

By Zoe Wickens; zoewickens@alliancenews.com

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Shares in Real Good Food jump following successful Napier Brown divestment

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29 Apr 2015 09:27

UPDATE 1-France's Tereos to buy British sugar distributor Napier Brown

* Napier Brown's brands include Whitworths Sugar * Puts Tereos in better position for opening of European market (Adds details throughout, Tereos statement) By David Brough and Sybille de La Hamaide LONDON/PARIS, April 29 (Reuters) - French sugar maker Tereos has agreed to buy

29 Apr 2015 08:20

Tereos to buy sugar distributor Napier Brown

LONDON, April 29 (Reuters) - French sugar maker Tereos has agreed to buy sugar distributor Napier Brown Sugar Ltd, a unit of Real Good Food, for 34 million pounds ($52.27 million) plus working capital in cash on completion of the sale, Real Good Food said in a statement on Wednesday. A gen

29 Apr 2015 07:52

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RGD.L Share News (RGD)

IN BRIEF: THG buys snack bar maker Brighter Foods from Real Good Food

Real Good Food Loss Narrows, Says Products Well Placed For Christmas

Real Good Food Like-For-Like Sales Down But Satisfied With Trading

Real Good Food Appoints David Newman As Finance Director

Real Good Foods widens losses, optimistic after Napier Brown sale

Real Good Food Annual Loss Widens, Says New Year Started Well

Real Good Food FD Mike McDonough to step down

Real Good Food Finance Director Mike McDonough To Leave

Real Good Food appoints new managing director at Rainbow Dust Colours

Shares in Real Good Food jump following successful Napier Brown divestment

Real Good Food Says Trading Well As Earnings Improved In Recent Year

DIRECTOR DEALINGS: Real Good Food Non-Executive Buys 50,000 Shares

DIRECTOR DEALINGS: Real Good Food Director's Wife Buys Shares

UPDATE 1-France's Tereos to buy British sugar distributor Napier Brown

Tereos to buy sugar distributor Napier Brown

Real Good Food Shares Up 30% On Napier Grown Sugar Sale Agreement

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