Announced
Financials
Tags
Specialty Chemicals
Majority
Single Bidder
Domestic
Private
specialty chemicals
Pending
Acquisition
United Kingdom
vaping
OEM manufacturer
Friendly
Synopsis
Supreme, a supplier, manufacturer and distributor of wholesale batteries, lighting, vaping, and light fittings, agreed to acquire Cuts Ice, an independent vaping manufacturer with major own brands as well as OEM manufacturing contracts, and Flavour Core, a flavour development and regulatory compliance business in e-liquids. Financial terms were not disclosed. "We are delighted to be acquiring assets from Cuts Ice and Flavour Core, a highly innovative and hugely popular brand both in the UK and across Europe. We continue to see significant growth from within our vaping activities and see this transaction as an excellent example of how we can continue to add both scale and expertise into the Group," Sandy Chadha, Supreme CEO.
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