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Report: Lion Capital preps sale of British sports nutrition company Grenade

Lion Capital LLP is preparing the sale of U.K.-based sports nutrition company Grenade (UK) Ltd. in 2019, The (U.K.) Telegraph reported, citing unnamed sources.

The private equity firm bought a majority stake in the company, which sells the Carb Killa brand of high protein bars and drinks, from Grovepoint Capital LLP and Grenade co-founders Alan and Juliet Barratt just over two years ago, according to the report.

Lion Capital and Grenade did not comment on the matter, the report noted.