Quercus announces transaction in the health and sports supplements sector
Quercus Corporate Finance is delighted to announce the sale of HTC Group Limited to MCI Health Investments Limited.
Quercus advised the Board of HTC Group Limited, on the sale of the award winning specialist health and sport supplements business to MCI Health Investments Limited.
Headquartered in Watford, Hertfordshire and with operations in China, HTC is the UK’s premium bulk health supplements and sports nutrition supplier to both the High Street and on-line retailers.
MCI Health Investments Limited is the investment vehicle of a serial entrepreneur.
Berenice Drury, shareholder and Chief Financial Officer said:
“When the family were approached with regard to the possibility of selling HTC, we needed an advisory firm that was dedicated to, and had a wealth of experience of, helping owner managers like ourselves sell their businesses. Quercus were recommended to us by our auditors and we are delighted that we chose them for this very important role.”
Terra Alliance holds 35th international M&A conference in Madrid
The Terra Alliance held its 35th international M&A conference on the 25thand 26thof April in Madrid, hosted by the Spanish member firm, Sabadell Corporate Finance. Over 30 delegates, representing 16 member firms from Africa, the Americas, Asia, Australia, and Europe, benefitted from sharing cross-border M&A opportunities, local market insight and emerging global sector trends.
The Madrid conference comes after a remarkably successful year of trading in 2018, which saw member firms complete over 100 transactions with a combined value of more than US$11 billion, a 64% year-on-year increase.
The next Terra Alliance conference will be hosted by US member firm, Consensus, in New York in September 2019. Consensus is a leading consumer sector specialist and the conference is timed to coincide with the Consensus Great Brands Show (http://greatbrandsshow.com/), a high profile event held at the NY Times Center in Times Square in New York City. Now entering its ninth year, the Great Brands show is the pre-eminent showcase for high-impact, high-potential consumer brands, and the capital providers who fuel their growth.
About The Terra Alliance
Formed in 2002, The Terra Alliance consists of 16 investment banks and independent advisory firms with coverage of more than 40 countries and offices on six continents. It is a highly effective network, characterized by strong cooperation between the member firms, and a long track record of transaction success. The Alliance meets every six months to originate cross-border M&A and to enable members to share local knowledge and perspectives. Over the past five years member firms have completed 386 transactions with a combined value of $39 billion. More details can be found at http://www.terra-alliance.com