Mon, 11 Aug 2025 | BUSINESS SALE
THG Group has agreed a £103 million deal to sell flavourings manufacturer Claremont Ingredients to international flavouring specialist Nactarome. Altrincham-based Claremont Ingredients is an independent flavour manufacturing and development laboratory, with specialisms in sports nutrition, bakery and beverages.
In the year ending December 31 2023, Claremont Ingredients Limited reported turnover of £14.3 million, up from £11.7 million a year earlier, while increasing its operating profit from £5 million to £7.1 million.
The business was acquired by THG Group in 2020 and, since then, has been part of THG Nutrition. The business was acquired in order to accelerate THG Group company MyProtein’s ambitions of launching a global licensing range.
According to THG Group, Claremont has generated significant returns through cash generation and disposal proceeds, as well as enhancing MyProtein’s flavour capabilities. The group added that its relationship with the business would be preserved through a long-term supply contract and Nactarome’s international capabilities.
THG Group CEO Matthew Moulding commented: “Claremont has been a huge success, building Myprotein's global licensing franchise from a standing start to partnering with category leading brands in just a few years”.
“After receiving a highly competitive offer, the timing was right to realise that value. The level of interest we received is a testament to the quality of the business. This disposal highlights the significant value embedded across THG's portfolio.”
Nactarone, which is majority owned by TA Associates, produces natural flavour and colouring solutions for the food and beverage sector. The company employs more than 600 staff across nine European countries, including the UK.
The acquisition of Claremont represents its first entry into the sports nutrition market, with the company saying that Claremont’s capabilities in production and innovation would complement its own qualities.
Nactarome Group CEO Luigi Del Monaco commented: “The acquisition of Claremont marks a significant add-on to our existing and important business footprint in the UK. At Nactarome, we are committed to continuing our close and strong collaboration with THG to drive innovation and agility, ensuring that we remain at the forefront of market trends.”
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