Supreme has announced the acquisition of the renowned meal replacement and weight management brand, SlimFast UK & Europe, for total fixed consideration of £20.1m, made up of £11.1m upfront and £9.0m deferred until January 2027. SlimFast generated £25.5m of revenue and £9.7m of gross profit in CY24, helping further dilute the importance of Vaping whilst bolstering the Group’s presence in a fast-growing market where Supreme has only limited exposure through Sci-Mx. The transaction is expected to b ....
