Published: June 1, 2026 at 9:01 am
Applied Nutrition plc has acquired US-based sports nutrition manufacturer Nutrablend Group as it expands its North American footprint.
The deal, for a total cash consideration of $16 million (£12m) is for the trade and majority of assets of Nutrablend Group – including a manufacturing and warehouse facility in Buffalo, New York State, which has been independently valued at approximately $7m.
Applied Nutrition has also entered into a collaboration agreement with Mondelēz International to allow the group to develop and manufacture AN Supps & SOUR PATCH KIDS and AN Supps & SWEDISH FISH branded sports nutrition products.
The range will initially be stocked in 2,200 Walmart stores and 1,300 GNC corporate stores from August 2026.
Knowsley-based Applied Nutrition has upgraded expectations for the current financial year ending 31st July 2026, with revenue now expected to be approximately £148m and EBITDA margin in line with current consensus market expectations.