THG completed the acquisition of Claremont Ingredients and David Berryman for $85m.

The Hut Group, a multi-website online retailer, completed the acquisition of two nutrition product suppliers Claremont Ingredients and David Berryman for $85m. “We are also pleased to announce the acquisitions of Claremont and Berryman’s. These two businesses are highly complementary, with Berryman’s accelerating our capabilities in drinks range development for the individual brands within THG Nutrition. Claremont will play a key role in developing flavours tailored to local tastes across the globe. Together these acquisitions will enable THG to significantly accelerate the launch of further product innovation to global markets, while increasing the proportion of THG Nutrition products wholly manufactured in-house," Matthew Moulding, THG Chairman and CEO.