1st Jul 2025 07:00
1 July 2025
Tooru plc
("Tooru" or the "Company")
Publication of the audited results of S-Ventures plc for the year to 31 December 2024
Tooru, a company focused on the health and wellness sector, notes the publication by S-Ventures plc ("S-Ventures") of its audited results for the 12 months to 31 December 2024 which are available from this link: https://www.aquis.eu/stock-exchange/announcements/5249849 and will shortly be made available on Tooru's website at www.tooruplc.com These results cover the period before the acquisition by the Company of the operating businesses of S-Ventures comprising:
- Juvela (established circa 25 years ago) which operates a gluten free bakery business with a factory in South Wales and is strong in the pharmacy sector where it is the clear market leader. It has also recently launched a range of new innovative "free from" products which are now already listed with a number of major UK supermarket chains under a new brand identity, Oaf, alongside Juvela.
- Pulsin protein and fibre nutritional products and We Love Purely currently operate in the healthy snacking market with a number of sweet and savoury products designed to give consumers healthy alternative options to mainstream snacks such as crisps and confectionery. Pulsin has a 20-year history and was one of the first wellness bars in the market.
- Market Rocket is a trusted digital partner agency for globally recognised Fortune 500 and market-disrupting brands alike. Customers include JCB, Calvin Klein and Tommy Hilfiger. Market Rocket also provides its services to other members of the group. Market Rocket is a member of Amazon's trusted Service Provider Network and is certified as an accredited partner with Meta and Google. We plan to grow this business in the enterprise space supporting small and up and coming brands.
Nicholas Lee, Non-Executive Chairman of Tooru, said:
"We are pleased that the operating businesses recently acquired from S-Ventures have continued to perform well in their last financial year and these businesses clearly represent an attractive acquisition for Tooru. The Company now comprises some excellent wellness brands alongside an innovative technology company. We firmly believe that this stable of businesses has significant potential for growth. Furthermore, 2025 has started well, and we remain very excited about their future potential. In particular, the recent launch of our new brand, Oaf, in the gluten-free sector has been received exceptionally well and we will be providing further updates on this business in due course."
Enquiries:
Tooru plc Nicholas Lee, Non-Executive Chairman Scott Livingston, CEO |
Tel: +44 (0) 20 3475 0230 |
Nominated Adviser Beaumont Cornish Limited Roland Cornish Asia Szusciak Felicity Geidt |
Tel: +44 (0) 20 7628 3396 |
Joint Broker Fortified Securities Guy Wheatley/Mark Wheeler |
Tel: +44 (0) 20 7186 9950
|
Joint Broker Shard Capital Partners LLP Damon Heath/Erik Woolgar | Tel: +44 (0) 20 7186 9950 |
Joint Broker Peterhouse Capital Limited Duncan Vasey/Lucy Williams | Tel: +44 (0) 20 7469 0935 Tel: +44 (0) 20 7469 0936 |
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
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