Nichols completes the €75 million acquisition of Vithit Limited, gaining full ownership of the functional soft drinks brand and its subsidiaries. The deal expands Nichols’ portfolio into the health-focused beverage sector. Vithit specializes in functional beverages targeting wellness-oriented consumers.
Nichols plc appoints Laura Padfield as an independent non-executive director, effective September 2026. She replaces Helen Keays, who departs after nine years on the board. Nichols is the parent company of the Vimto soft drinks brand.
Nichols, the owner of Vimto, is actively exploring acquisitions to expand in faster-growing segments of the UK soft-drinks market. The company aims to strengthen its position through strategic mergers and acquisitions (M&A).
Nichols plc, the maker of Vimto, reports a **4.3% year-over-year revenue increase to £41m** in Q1 2026, driven by **5.6% growth in packaged revenues** and strong performance in the UK and international markets. The company states that **Middle East disruptions are being monitored but have had limited impact so far**, while reaffirming its full-year guidance. Nichols highlights a **£59.8m net cash position** and an asset-light, brand-focused growth strategy.
