Takeover approach for sports-nutrition group Science in Sport

From Yahoo Finance: 2025-04-17 08:43:00

Private-equity firm BD-Capital has expressed interest in taking over UK sports-nutrition group Science in Sport, offering £0.34 ($0.45) per share. The company, known for brands like SiS and PhD Nutrition, is considering the bid. Science in Sport expects BD-Capital to make a firm offer by May 14.

In 2023, BD-Capital invested in food supplements company Bonusan and Symprove. Science in Sport projects a 17.5% revenue drop to £51.9m in 2024, but anticipates a more than doubled adjusted EBITDA of £4.2m. The company foresees continued financial growth in 2025 after a successful second half of 2024.

Despite a 25.4% revenue decline to £25.7m in the first half of 2024, Science in Sport saw a 74% rise in underlying EBITDA to £2m. The company’s gross profit dropped by 20.8% to £11.5m, but it narrowed its loss to £2.5m compared to £3.3m in the first half of 2023.

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