Food Strategy Associates were appointed by a private equity firm to conduct commercial due diligence of Grenade, a high protein bar and performance nutrition manufacturer. Grenade are now the number one protein bar brand in the UK (IRI in The Grocer, 2019).
What we did
- Evaluated sales performance in its early stages in multiple retailers
- Identified strong growth trends
- Reviewed business performance with management
Our client ultimately did not pursue the acquisition.
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