Cinven, an international private equity firm, agreed to acquire Arcaplanet, an omnichannel pet care brand, from Permira and Winch Capital Partners, two private equity firms. Financial terms were not disclosed. “The combination of Arcaplanet and Maxi Zoo Italia creates a fantastic platform from which to drive growth in the pet care market and we look forward to working with management and Fressnapf to accelerate this opportunity. Cinven’s Consumer team has deep understanding of the pet care sector given Cinven’s investment in Partner in Pet Food, and the mega trends fuelling sector growth such as pet humanisation and product premiumisation and specialisation. In addition, Cinven has considerable experience in omnichannel retailing and accelerating digital strategies, and we look forward to supporting the Arcaplanet Group’s expansion in these areas,” Maxim Crewe, Cinven Partner and Head of Consumer.