Nichols plc to acquire VITHIT Limited

Nichols plc has agreed to acquire VITHIT Limited, a food and drink business based in Ireland, in a strategic acquisition valued at EUR 75 million. The transaction, which was announced on 10 August 2026, involves a full cash consideration. This deal marks a significant expansion for the UK-based buyer into the Irish market, allowing it to integrate VITHIT’s operations and brand portfolio into its existing business structure. The headline offer price reflects the agreed value for the entire equity stake in the target company, providing a clear financial framework for the transfer of ownership.

The acquisition is structured as a straightforward purchase, with no complex earn-out mechanisms or equity swaps reported in the available data. The focus remains on the immediate transfer of control from the current owners to Nichols plc. This move enables the buyer to consolidate its position within the broader food and drink sector, leveraging VITHIT’s established presence in Ireland to enhance its regional footprint. The transaction has been finalised, with all necessary steps completed to effect the change in ownership. The transaction is subject to regulatory approval.