Monday 15 June 2026, 12pm BST
Hilco is seeking offers to acquire the right, title and interest in certain intellectual property, project materials and associated digital assets of Sweetbridge EMEA Limited (In Administration) (“Sweetbridge EMEA” or the “Company”), on behalf of the Joint Administrators of the Company, Giuseppe Parla and Laurence Pagden of Menzies LLP.
Founded in 2018 by technology entrepreneur J. Scott Nelson, Sweetbridge EMEA was established as the UK and EMEA arm of the broader Sweetbridge network which was focussed on developing blockchain and distributed ledger technology solutions aimed at improving liquidity, settlement, transparency and collaboration across global supply chains.
The Company operated within the blockchain, distributed ledger technology and supply chain technology sectors, with a focus on developing research led solutions for supply chain finance, risk management, traceability and digital collaboration. It’s activities included involvement in Innovate UK funded research and demonstrator projects, including:
These projects were developed through consortium arrangements involving various third party participants, including technology partners, academic institutions and sector specialists.
This opportunity represents the acquisition of Sweetbridge EMEA’s available rights and interest in a portfolio of research-led supply chain technology assets, including project materials, technical documentation, development outputs and associated intellectual property, providing a foundation for further development in areas such as food traceability, supply chain risk, digital product information and blockchain-enabled collaboration.
The Sweetbridge EMEA brand has been associated with blockchain, distributed ledger technology and supply chain innovation.
It is linked to the use of digital infrastructure to improve transparency, liquidity, collaboration and efficiency across supply chains, with the Company’s work spanning food supply chain traceability and supply chain risk management.
The Company holds materials relating to its involvement in Innovate UK funded research and demonstrator projects, including Digital Sandwich, No Risk and KnowRisk.
These materials likely include project documentation, statements of work, reporting submissions, technical roadmaps, research outputs, development materials and supporting documentation.
The Digital Sandwich project focused on the development of a digital food safety and traceability platform for the prepared foods supply chain, with potential applications across ingredient traceability, compliance, operational visibility and product information management.
The No Risk and KnowRisk projects focused on supply chain disruption, risk modelling and operational resilience, exploring how digital tools and data led approaches could be used to identify, assess and manage supply chain risk across complex operating environments.
The Company holds software components, code, technical materials, development outputs and related know how connected to the Digital Sandwich, No Risk and KnowRisk projects.
The Company holds the primary sweetbridgeemea.com domain name, which is available to acquire.
The Company is likely to hold the copyright in the content hosted on its website.
Full details of the available domain names and website materials will be made available via the virtual data room.
Rights in certain social media accounts are available to acquire.
Full details of the available social media accounts will be made available via the virtual data room.
The Company holds contact and engagement data relating to consortium partners, project stakeholders, funders, advisers and other counterparties involved in its research and development activity.
The available assets are understood to relate primarily to the Company’s involvement in the Digital Sandwich, No Risk and KnowRisk projects, together with associated technical documentation, research outputs, development materials, domain names and digital assets.
Interested parties should note that the assets originate from Innovate UK funded consortium projects and may be subject to third party rights, open source requirements, background IP restrictions and consortium arrangements. Further information will be made available to interested parties under NDA.
The deadline for offers is Monday 15 June 2026, 12pm BST
All expressions of interest and bids are to be directed to Hilco in writing. A Bid Submission Form is available on request. Please contact Hilco to gain access to a virtual data room for further information on signing a confidentiality agreement.
Hilco is acting as exclusive agent to the Company and its Adminstrator in connection with the proposed sale of some or all of the Company’s assets. The Administrator acts as an agent of the Company and without personal liability.
All sales are made strictly on an “as is, where is” basis. Only such right, title and interest (if any) as the Company may have in the assets will be transferred to a purchaser. No warranties, guarantees, or representations (express or implied) are provided by the Company, its Administrator, or Hilco in respect of the assets or any information supplied. All parties must rely on their own enquiries and due diligence. Any information provided is for convenience only and has not been independently verified.
All offers are subject to the addition of VAT at the prevailing rate, where applicable. A non-refundable deposit equal to 20% of the agreed purchase price must be paid by the successful purchaser within 48 hours of offer acceptance. Payment of the deposit grants the purchaser the exclusive right to proceed with the acquisition of the relevant assets for a limited period and on the terms agreed. A Buyer’s Premium of 10% of the final purchase price is payable by the successful purchaser in addition to the agreed purchase price, is non-negotiable and is payable at the same time and in the same manner as the purchase price and forms a condition of sale.
Legal completion must occur within five (5) business days of offer acceptance, unless otherwise agreed in writing by the Company and its Administrator.
