Lawyer Monthly - October 2022

Metagenics Inc Acquires Nutri Advanced Beyond Corporate’s (BCL) corporate team advised on the sale of nutritional supplement company Nutri Advanced by its shareholders to Metagenics Inc. BCL provided legal advice to the shareholders, alongside Dow Schofield Watts who provided corporate finance advice. Nutri Advanced is a UK business based in Whaley Bridge, High Peak, and is a leading online retailer in nutritional supplements. The company employs 40 staff and develops and supplies various high-quality nutritional supplements to consumers and practitioners across the UK and Ireland, primarily through its own eCommerce portal. Its innovative products, together with its education and training offerings, have made the company a market leader. Following the transaction, owners Ken Eddie and Gary Courtenay have exited the business. Metagenics is a US-based company backed by private equity firm Gryphon Investors. Its acquisition of Nutri Advanced comes as part of its strategy to have a direct presence in “all major EMEA countries”, according to Vice President Stijn Oste. BCL’s experienced corporate team provided legal advice to the shareholders from the initial approach through to successful conclusion of the transaction. BCL’s team was led by Partner Piers Dryden alongside solicitors Shaun Little and Jack Trickett, with support from paralegal Millie Brookes. ABOUT THE DEAL

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