Hydrate 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: Undisclosed
• Sector: Consumer Goods
• Advisor: Begbies Traynor
• Key Entities: Hydrate Drinks Group (Target), Sky Drinks Group (Acquirer)
• Location: Bootle, North West England

Note: 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.