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'It's a great time': Irish drinks company VitHit sold for €75m to the firm behind Vimto
['Diarmuid Pepper', 'Send Tip Or Correction', 'Eoghan Dalton']
TheJournal.ie
IRISH DRINKS COMPANY VitHit has been sold for €75 million to the firm behind Vimto.
It was this week acquired by Nichols, the firm behind Vimto, for €75 million.
In a post on LinkedIn, Lavin remarked that the “company I started in 2000 from a van is finally sold”.
Andrew Milne, CEO of Nichols, remarked that VitHit is “supported by high levels of customer loyalty and – above all – a great tasting portfolio of functional soft drinks”.
“We are delighted to welcome the VITHIT team to Nichols and look forward to working together to realise the significant opportunities ahead.”