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The VitHit healthy drinks brand founded by former professional rugby player Gary Lavin has been bought by Vimto owner Nichols for €75 million ($87 million). Lavin - who played for Leinster and Harlequins - will step down after the sale of the brand, which he launched in Dublin 25 years ago as a healthy alternative to sugary sports drinks.
PITTSBURGH, June 16, 2026--NewEdge Capital Group, LLC, announced today that a team led by James Nichols has joined NewEdge Wealth, a registered investment advisor specializing in servicing the needs of ultra high net worth and high net worth families, family offices and institutional clients, further expanding the firm’s presence in Nashville.
The course of action comes after the board determined voluntary administration was “the most appropriate way to restructure the group”.
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