Glanbia sells SlimFast UK in €23m deal

SlimFast UK, Ireland and certain other European jurisdictions sold to Supreme

Glanbia has completed the sale of SlimFast to consumer goods firm Supreme in a deal worth £20.1m (€23m). 

Glanbia has completed the sale of SlimFast UK and Ireland to consumer goods firm Supreme in a deal worth £20.1m (€23m). 

In September, Glanbia sold the rights of SlimFast in the US and certain other jurisdictions to Heartland Food Products Group, the manufacturer of the Splenda sweetener brand. Now it has sold SlimFast UK, Ireland, and certain other jurisdictions to Supreme, an AIM-listed manufacturer and supplier.