Transaction

Clearwater advises Func Food Group Oyj and its owners on its sale to Celsius Holdings Inc. (Nasdaq: CELH)

Transaction

Func Food Group Oyj sold to Celsius Holdings Inc.

Sell-side

€22.4m

Role

Adviser to Func Food Group Oyj on its sale to Celsius Holdings Inc.

Sector

Consumer
Food & Beverage

Region

Finland

We have advised Func Food, a Nordic wellness company, to Celsius Holdings, a US-listed fitness-drink company. Func Food represents a comprehensive portfolio of well-being products which promote active and, healthy lifestyles by investing in high-quality ingredients and best-in-class food and beverage expertise. The company markets and distributes beverages, protein bars, supplements, and superfoods under the brands Celsius®, FAST Sports Nutrition, CocoVi, and FitFarm.

Celsius Holdings, Inc. (Nasdaq: CELH), is a global company with a proprietary, clinically proven formula for its CELSIUS® brand and all its sub-brands. A lifestyle fitness drink and a pioneer in the rapidly growing performance energy sector, CELSIUS has four beverage lines that each offer proprietary, functional, healthy-energy formulas clinically proven to offer significant health benefits to its users.

Illustration for Func Food

Advisers

Transactions