Announced
Completed
Financials
Tags
Private
Completed
Domestic
Acquisition
Single Bidder
animal feed
Food Products
Friendly
United States
Majority
Private Equity
Synopsis
The Carlyle Group, an American multinational private equity, alternative asset management, and financial services corporation, completed the acquisition of a majority stake in Manna Pro Products, a company that manufactures and markets animal feed products, from investment funds managed by Morgan Stanley Capital Partners. Financial terms were not disclosed. “Our business has evolved significantly over the past three years with the expansion of our high quality product offering, increased investment in brand building, improved operations, and intense focus on growth and sustainability. With increasing demand for products that help pet parents care for and nurture their pets, we appreciate MSCP’s support in achieving our leadership position and look forward to working with Carlyle again as we continue our mission," John Howe, Manna Pro CEO.
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