Nichols (LSE:NICL): What Does The VitHit Acquisition Change For The Vimto Owner?

Nichols (LSE:NICL): What Does The VitHit Acquisition Change For The Vimto Owner? →

Highlights Nichols agreed to acquire VitHit, a maker of low-calorie, low-sugar vitamin drinks, for cash. The deal extends the Vimto owner's portfolio beyond its traditional cordial and carbonate heartland. Management framed the purchase as…