Shaken Udder sold to Spain's Idilia Foods [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: Yahoo! Finance
Idilia's acquisition marks an exit for private equity backer Lloyds Development Capital (LDC), which took a minority stake in Shaken Udder in 2021. Founders Jodie and Andy Howie will depart the business following the deal, with Idilia acquiring their remaining shares. Shaken Udder hopes the deal will help it reach new consumers and channels as well as “accelerate” innovation of its products, a joint statement said. As part of the deal, Rob Reames, previously managing director of Shaken Udder, has become CEO. Founded in 2004 by husband-and-wife duo Jodie and Andy Howie, Shaken Udder, is best known for its milkshakes which are marketed as being free from artificial colours, flavours and sweeteners. Its products are stocked at Sainsbury's, Tesco, Asda and in convenience stores. Commenting on the news, Shaken Udder's new CEO, Rob Reames, said: “From the first meeting, it was clear that Idilia and Shaken Udder shared the same vision - like us, they are a family-owned business
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Sec Filings
- 12/5/25 - Form 6-K
- 12/4/25 - Form 6-K
- 12/3/25 - Form 6-K
- LYG's page on the SEC website