S-Ventures buys healthy snack brand for £167k

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

S-Ventures has acquired We Love Purely, a healthy snack brand, for £167,000.

The company has acquired the 75.1% majority stake with a price of £137,000 of 9p per share along with a cash payment of £30,000.

The £30,000 sum has been made to repay an outstanding loan for We Love Purely.

Under the S-Venture umbrella We love Purely, a healthy snacking brand, will develop its product range. It's existing management team will remain.