Acquirer: Sky Drinks Group
Sky Drinks Group has acquired Hydrate Drinks Group out of administration, securing 30 jobs and expanding its footprint in the zero-sugar beverage sector.Summary of transaction details:Value: UndisclosedSector: Consumer GoodsAdvisor: Begbies TraynorKey Entities: Hydrate Drinks Group (Target), Sky Drinks Group (Acquirer)Location: Bootle, North West EnglandNote: The transaction was executed via a pre-pack administration process, enabling the acquirer to secure the target's business and assets swiftly while preserving local employment and maintaining manufacturing operations.
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