(Alliance News) -Â Meal replacement firm Huel is mulling a London float, the Financial Times reported on Thursday.
Huel has hired Goldman Sachs Group Inc and JPMorgan Chase & Co to advise on an initial public offering that could take place next year. The banks are also giving advice on a potential sale of the business in a dual-track process, although an IPO is seen as the preferred option, according to people briefing on the situation.
Huel, which boasts being "nutritionally complete", is plant-based and available in the form of products such as powders, bars and ready-to-drink. It was founded in 2015 by Julian Hearn.
By Lucy Heming;Â email@example.com
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