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Nurture Brands Buys Seaweed Crisp Maker Abakus Foods

December 15, 2022: 12:00 AM EST
Sustainable, plant-based group Nurture Brands has acquired seaweed crisps producer Abakus Foods. It is the third deal in three months for Nurture Brands following its acquisition of confectionery brand Doisy & Dam from administration and premium pretzel maker Indie Bay Snacks. Alongside the latest acquisition, Nurture also completed a £3 million top-up funding round, valuing the group at £30 million. The group said the money would accelerate growth and provide liquidity for further deals in 2023.
Edward Devlin, "Nurture Brands buys seaweed crisp maker Abakus Foods", The Grocer UK, December 15, 2022, © William Reed Ltd
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