Silverwood Brands PLC Completion of NBY London Limited Acquisition (9157D)
October 24 2022 - 9:49AM
UK Regulatory
TIDMSLWD
RNS Number : 9157D
Silverwood Brands PLC
24 October 2022
DATE: 24 October 2022
Silverwood Brands plc
("Silverwood" or the "Company")
Completion of Acquisition of NBY London Limited
Silverwood Brands plc, an enterprise company established to
invest primarily in branded consumer businesses, is pleased to
announce that it has completed the acquisition of NBY London Ltd,
the owner of the Nailberry brand ("Nailberry"). Nailberry is a
multi-award-winning leader in non-toxic nail products, as announced
on 30 September 2022 and 13 October 2022.
Although the current economic conditions are difficult, the
Directors of the Company believe that Nailberry has significant
opportunities for growth both in the UK and internationally and are
excited about the future of the business within the Silverwood
Brands portfolio.
Andrew Gerrie, the Executive Director of Silverwood Brands,
said:
" It's great to be able to complete the acquisition of NBY
London Ltd and bring the Nailberry Brand into the Silverwood group.
I'm very much looking forward to working with Sonia in growing the
business and adding more promising brands to the Silverwood
portfolio."
For more information, please contact:
Silverwood Brands plc
Andrew Gerrie info@silverwoodbrands.com
--------------------------
VSA Capital - AQSE Corporate Adviser and +44(0)20 3005
Broker 5000
--------------------------
Andrew Raca, Simba Khatai, Pascal Wiese
(Corporate Finance)
Andrew Monk, David Scriven, Peter Mattsson
(Corporate Broking)
--------------------------
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