Simmons & Simmons has advised Venture Life Group plc (“Venture Life”) on its acquisition of oral care company, Periproducts Limited (“Periproducts”), and on its fundraising.
The acquisition of Periproducts brings to Venture Life a range of products that complement its existing range of products and enables it to expand into an attractive area of the consumer healthcare market.
The acquisition is subject to shareholders’ approval and is being financed through cash resources, a placing of new Ordinary Shares and the online auction of Convertible Bonds through the UK Bond Network.
The Simmons & Simmons team was led by corporate partner Charles Mayo, assisted by associates Federica Titon, Tim Wass and Kim Fowler and trainee Haya Aftab, with advice from Richard Binns and James Agnew on IP and regulatory aspects, Fraser Cocking and Ed Smith on the employee benefit and employment aspects, and associate Laura Allwright on tax aspects.