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New Deal


Announced

CapVest-backed Inspired Pet Nutrition to acquire Pet Food UK from Piper.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United Kingdom

Acquisition

Domestic

Single Bidder

Majority

pet food

Pending

Private

Food Products

Friendly

Synopsis

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CapVest-backed Inspired Pet Nutrition, a natural dog meals and pet treats seller, agreed to acquire Pet Food UK, a dog and cat pet food and treats seller, from Piper. Financial terms are not disclosed. “We are very excited to acquire PFUK, which is highly complementary to our business and our values. This acquisition is consistent with our vision to create a unique portfolio of loved and sustainable pet care brands helping make quality pet care affordable and accessible to all. PFUK brings to IPN highly recognised super and uber-premium brands with a strong digital presence to augment our strong product portfolio and distribution channels. We are impressed by the great progress of PFUK in recent years and we look forward to welcoming the team and further supporting the company to continue to grow,” James Lawson, Inspired Pet Nutrition CEO.

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