Real Good Food PLC Acquisition of ISO2 Nutrition (5778I)
10 Décembre 2015 - 8:00AM
UK Regulatory
TIDMRGD
RNS Number : 5778I
Real Good Food PLC
10 December 2015
For immediate release Thursday 10(th) December 2015, 7a.m.
Real Good Food plc
("the Group" or "Real Good Food")
Acquisition of ISO2 Nutrition from Cre-8tive Health Ltd.
Real Good Food plc (AIM:RGD) announces the acquisition of the
ISO2 Nutrition sports supplements brand ("the business") from the
administrators of Cre-8tive Health Ltd. for a nominal amount.
ISO2 Nutrition has developed a range of bodybuilding
supplements, whey protein and sports nutrition products and are now
one of the leading suppliers within the sports supplements
market.
Based in Swindon, the business will be integrated with Real Good
Food's Garrett Ingredients business, with whom they have enjoyed a
long standing relationship as a customer.
Pieter Totté, Executive Chairman, commented: "We are pleased to
announce this acquisition, which is in line with our stated
strategy of identifying and adding bolt-on businesses within our
existing three pillars of cake decoration, premium bakery and in
this instance food ingredients.
"Garrett's has a long established relationship with the business
and this enables us to enter a new and interesting channel, adding
product and portfolio diversification, which is a deliberate move,
as we decrease Garrett's dependency on the dairy and sugar
commodities markets."
*-ends-*
About Real Good Food plc
Real Good Food plc is a diversified food business serving a
number of market sectors including retail, manufacturing,
wholesale, foodservice and export. The Company focuses on three
main markets: cake decoration (Renshaw, Rainbow Dust Colours), food
ingredients (Garrett Ingredients and R&W Scott) and premium
bakery (Haydens).
ENQUIRIES:
Real Good Food plc
Pieter Totté, Executive Tel: 020 3056 1516
Chairman
David Newman, Finance Tel: 020 3056 1516
Director
Andrew Brown, Marketing Tel: 020 3056 1517
Director
Shore Capital & Corporate
(Nomad and Joint Broker)
Stephane Auton Tel: 020 7408 4090
Patrick Castle
Daniel Stewart and Company
Plc (Joint Broker)
Martin Lampshire Tel: 020 7776 6550
Belvedere Communications
(PR)
John West Tel: 020 3567 0510
Kim van Beeck
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQFMMGZNLGGKZM
(END) Dow Jones Newswires
December 10, 2015 02:00 ET (07:00 GMT)
Real Good Food (LSE:RGD)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Real Good Food (LSE:RGD)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024