UK-based investors S-Ventures has acquired the sports nutrition snack firm Pulsin in a deal that continues the firm’s health and wellbeing interests following the purchase of probiotic food specialists Ohso Chocolate.
IN BRIEF: Sure Ventures Acquires 75% Stake In Health Company Purely
Fri, 22nd Jan 2021 12:31
Sure Ventures PLC - investor in early stage software companies - Buys 75% interest in We Love Purely Ltd through issue of 1.5 million shares in Sure Ventures, equalling about GBP137,600 at 9 pence per share, along with a cash payment of GBP30,000 to repay an outstanding Purely shareholder loan.
Purely is a healthy snacking brand, offering a plantain crisp product, Purely Plantain Chips, in the UK and certain international markets. Under the umbrella of S-Ventures, Purely will look to develop the brand s product range as well as continue to grow its existing product lines. The existing Purely team will remain in place.