Endexx has acquired Phyto-Labs to strengthen its position in the cannabidiol (CBD) beverages market.

The acquisition is expected to create a vertical integration and increase Endexx’s margins.

Endexx is a US-based phyto-nutrient-based food and nutritional products manufacturer, while Phyto-Labs is a service laboratory for herbal products based in Germany.

"Lion Capital has announced plans to acquire a majority stake in Grenade (UK)."

Lion Capital has announced plans to acquire a majority stake in Grenade (UK) from Grovepoint Capital and Grenade's founders.

Both Lion Capital and Grovepoint are private equity firms, while Grenade is a protein bar and pre-workout drinks producer.

All the entities involved in the acquisition are based in the UK.