THG PLC (LSE:THG) has completed the sale of its UK-based flavour manufacturing and development unit, Claremont Ingredients, to Nactarome Group for around £103 million. This divestment supports THG’s strategy to streamline its business and achieve a net cash position. Originally purchased for £52 million in 2020, the sale delivers a strong return on investment. While the transaction will reduce THG’s net leverage and borrowing costs, it is expected to lower the Group’s EBITDA by approximately £5 million in 2025 and £10 million in 2026. The move reflects THG’s intent to sharpen its focus on core brands, particularly Myprotein, which is projected to experience double-digit revenue growth in the latter half of 2025.
THG faces financial pressures and valuation uncertainties, but positive technical signals and corporate developments offer some optimism. The company continues to prioritize operational efficiency to enhance performance.
About THG
THG PLC is a global e-commerce group headquartered in Manchester, UK, operating two main consumer divisions: THG Beauty and THG Nutrition. THG Beauty runs platforms such as Lookfantastic, Dermstore, and Cult Beauty, offering access to over 1,300 third-party brands alongside its own portfolio. THG Nutrition, anchored by Myprotein—the world’s leading online sports nutrition brand—serves global consumers through direct online sales and strategic offline partnerships across various health and wellness segments.
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