Sport nutrition specialist Science in Sport has secured a £30m refinancing as it looks to grow sales at home and abroad.
Partner to British Cycling and Tottenham Hotspur, Science in Sport supports more than 350 professional teams and institutions around the world, as well as sports stars such as alongside Britain’s most celebrated athletes, including Chris Hoy, Laura Kenny and Eilish McColgan.
Now, the company has said it will invest for wider sales growth amid a “substantial opportunity” for science-led brands to sell to consumers interested in functional health and fitness products.
The funding will enable Science in Sport to accelerate investment in innovation, international expansion, elite performance partnerships and digital capabilities.
Executive chairman Dan Wright said he was “delighted” to secure the £30m-plus debt finance package from HSBC and Munzinich.
“This funding provides a strong platform from which to accelerate our ambitions, invest further in our brands, innovation and capabilities, and continue strengthening our position as a global leader in performance nutrition,” he said.
“The confidence HSBC and Muzinich have shown in our business reflects the strength of our strategy, our people and the significant opportunities we see ahead. We look forward to working together as we continue to unlock the next phase of growth for Science in Sport.
“The financing reflects the continued confidence of leading institutional lenders in Science in Sport’s strategy, market opportunity and future growth prospects.”
Founded in 1992 by cyclist Tim Lawson, Science in Sport manufactures a range of electrolytes, energy gels, powders and bars from its 160,000 sq ft Blackburn factory.
After a decade on the London Stock Exchange’s junior AIM market, the company was snapped up in 2025 by Bd-Capital, an investment firm founded by former Boots chief Richard Baker.
The all-cash deal saw Bd-Capital take the business private at a valuation of approximately £82.3m.
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