Nichols, the diversified UK-based soft drinks group, has acquired 100% of the share capital of functional drinks business VITHIT for a total cash consideration of €75.0 million ($82.3 million) on a debt-free, cash-free basis. Founded in Dublin in 2001, VITHIT produces a range of low-calorie, low-sugar functional beverages fortified with vitamins. The company holds market-leading positions in the UK and Ireland alongside a presence across 13 other international markets. In …


