GlaxoSmithKline to buy sports nutrition company

Pharmaceuticals giant GlaxoSmithKline unveiled a deal today to buy the company behind Maximuscle protein shakes used by rugby player Gavin Henson, cricket star Stuart Broad and footballer Jermaine Jenas.

GlaxoSmithKline to buy sports nutrition company
Mon, 13 Dec, 2010 - 13:57

Pharmaceuticals giant GlaxoSmithKline unveiled a deal today to buy the company behind Maximuscle protein shakes used by rugby player Gavin Henson, cricket star Stuart Broad and footballer Jermaine Jenas.

Britain’s biggest drugmaker bought Maxinutrition Group Holdings, Europe’s top-selling sports nutrition company, from Darwin Private Equity for £162m (€192m).

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CourtsBusinessHeathrowPlace: BritainPlace: EuropePlace: BrentfordPlace: UKPlace: Stevenage and WarePlace: HertfordshirePlace: HarlowPlace: EssexPlace: UlverstonPlace: CumbriaPlace: MontrosePlace: AngusPlace: IrvinePlace: AyrshirePerson: Gavin HensonPerson: Stuart BroadPerson: Jermaine JenasPerson: John ClarkePerson: ClarkePerson: Peter BoddyOrganisation: GlaxosmithklineOrganisation: Maxinutrition Group HoldingsOrganisation: Darwin Private EquityOrganisation: GlaxoOrganisation: RibenaOrganisation: SensodyneOrganisation: LucozadeOrganisation: MaxinutritionOrganisation: MaxifuelOrganisation: MaxitoneOrganisation: Hemel HempsteadOrganisation: UK government
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