Back to previous section

Supreme buys SlimFast UK & Europe for £20.1m

AIM-listed Supreme said on Monday that it has bought the trade and selected UK and European assets of SlimFast for £20.1m in cash from nutrition and food company Glanbia.

  • Supreme
  • 20 October 2025 11:23:34
Supreme plc

Source: Sharecast

Founded in 1977 in the US, SlimFast is a heritage weight management brand, known for its meal replacement shakes, bars, snacks, and weight loss plans, Supreme said.

It said SlimFast has a strong position in formats including ready-to-drink and ready-to-mix powder products, as well as an 'Advanced Nutrition' range, which includes high-protein, high-fibre, gluten-free meal replacement shakes and smoothies.

For the year ended 31 December 2024, the company’s UK and European assets reported unaudited revenue of £25.5m and adjusted gross profit of £9.7m.

Supreme - a manufacturer, supplier, and brand owner of fast-moving consumer goods - said the acquisition will be immediately earnings enhancing.

Chief executive Sandy Chadha said: "We are excited to have acquired such an iconic brand in SlimFast, which we believe is highly complementary to our existing Drinks & Wellness category.

"Under our ownership and track record for product innovation, we believe the commercial opportunities to both enhance and broaden SlimFast's market presence makes it an ideal addition to our business."

At 1120 BST, the shares were up 5.1% at 165p.

FTSE AIM All-Share ( AXX )

Isin: N/A
Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: 2.17 ( 0.28 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Lloyds and Lloyds Bank are trading names of Halifax Share Dealing Limited. The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.