From 20 November, Snickers and Snickers White Impact Whey Protein products will deed shelves of "major UK retailers" and THG's ain online platform.
Credit: Cavan-Images/Shutterstock.com.
THG has entered a collaboration pinch Mars that will adhd Snickers-flavoured macromolecule powders to nan UK-based company’s Myprotein portfolio.
From 20 November, Snickers and Snickers White Impact Whey Protein products will deed shelves of “major UK retailers” and THG’s ain online platform, nan London-listed group said successful a banal speech filing.
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The business besides includes Mars-branded macromolecule bars, which will beryllium made disposable crossed Myprotein’s website. THG said further Mars products will follow, without providing circumstantial details.
Just Food has asked THG for much accusation connected nan types of different products and motorboat timings nether nan Mars’ tie-up.
THG added it has already entered akin Myprotein partnerships pinch Müller, Iceland, Chupa Chups, Vimto and Jimmy’s Coffee.
It said nan Mars tie-up fits into its wider push into licensed products and beingness retail, targeting income of 45 cardinal units worldwide by nan extremity of 2025.
Neil Mistry, CEO of nan wider THG Nutrition group, said: “This collaboration brings together 2 trusted brands: combining Myprotein’s expertise successful sports nutrition pinch Mars’ iconic flavours that customers already cognize and love.
“It’s besides a clear constituent of quality successful nan market, offering consumers genuine marque partnerships that present some value and credibility.”
In August, THG signed its first licensing agreement successful South Korea pinch SG Safety Corp., a subsidiary of conglomerate CJ Group.
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Under nan agreement, Myprotein products – including bars, snacks, powders, ready-to-drink items, and supplements – will beryllium manufactured locally and rolled retired into South Korean offline channels.
Kerry Cavanaugh, wide head for Mars’ drinks and treats unit, said: “This is simply a immense opportunity to bring caller consumers to nan class done nan familiarity of our brands and their trusted taste,” adding that “protein products stay nan fastest-growing conception of nan macromolecule marketplace pinch a projected CAGR of 7% betwixt 2024-2029 successful nan UK”.
THG operates 2 superior consumer-facing businesses: THG Nutrition, which includes Myprotein, and THG Beauty. In 2024, nan institution spun-off its tech platform, THG Ingenuity, into a standalone business.
In April, THG’s committee rejected an “unsolicited” and “largely unfunded” takeover connection for Myprotein from Selkirk to nan tune of arsenic overmuch arsenic £600m ($798.7m). The committee considered nan connection to beryllium “undervalued”.
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