– UK, London – Science in Sport plc (LON: SIS), the premium performance nutrition company serving elite athletes, sports enthusiasts, and the active lifestyle community, today announced the appointment of Dan Wright as Non-Executive Chairman, subject to the completion of due diligence.
About Dan Wright
Dan Wright has been the Executive Chairman of Accrol Group Holdings Plc since early 2018 and has helped deliver a significant turnaround in that business. He is the Non-Executive Chairman of UInsure Limited and Manchester & London Investment Trust plc.
He was previously COO, Head of Portfolio, and a Founder Partner at NorthEdge Capital, a mid-market private equity house focused on Management Buyouts and Growth investments with c.£800m under management. He was also Executive Chairman of Vision Support Services Group Limited, a private company that he founded and grew to become Europe’s leading distributor of textiles to the hospitality sector before its sale to Westpoint Inc., a subsidiary of Icahn Enterprises.
He has also worked at Cable Partners LLC, Deutsche Morgan Grenfell Private Equity, and The Royal Bank of Scotland. He qualified as a Chartered Accountant with Arthur Andersen in 1996 and secured an IDP-C from INSEAD in 2017.
Dan Wright said: “I am delighted to be joining SiS at this pivotal time for the business. The investment in the manufacturing facility and associated product development has put the business in a position to leverage the deep expertise of its people and the power of its brands into profitable growth.”
About Science in Sport plc
Headquartered in London, Science in Sport plc is a leading sports nutrition business that develops, manufactures, and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts, and the active lifestyle community. The Company has two highly regarded brands, Ph.D. Nutrition, a premium active-nutrition brand targeting the active lifestyle community, and SiS, a leading endurance nutrition brand among elite athletes and professional sports teams.
The two brands sell through the Company’s phd.com and scienceinsport.com digital platforms, third-party online sites, including Amazon and Tmall, and extensive retail distribution in the UK and internationally, including major supermarkets, high street chains, and specialist sports retailers. This omnichannel footprint enables the Company to address the full breadth of the sports nutrition market, sports nutrition market worth $24.6bn in 2022 and forecast to grow CAGR 5.9% from 2022 to 2027.1
PhD is one of the UK’s leading active nutrition brands with a reputation for high quality and product innovation. The brand has grown rapidly since its launch in 2005. The range now comprises powders, bars, and supplements, including the high protein, low sugar range, PhD Smart. PhD brand ambassadors include leading endurance and strength athlete Ross Edgley and influencer Gabby Allen.
SiS, a leading endurance nutrition business founded in 1992, has a core range comprising gels, powders, and bars focused on energy, hydration, and recovery. SiS is an official endurance nutrition supplier to over 320 professional teams, organizations, and national teams worldwide. SiS supplies more than 150 professional football clubs in the UK, Europe, and the USA.
SiS is a Performance Solutions partner to Ineos Grenadiers cycling team, Tottenham Hotspur, and CGC Nice football, and an Official Nutrition Partner to the Milwaukee Bucks, 2021 National Basketball Association Champions.
SOURCE: https://www.scienceinsport.com/
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