Announced
Completed
Financials
Tags
Friendly
Cross Border
pet food
Completed
Minority
China
Private
Private Equity
Acquisition
Food Products
Single Bidder
Synopsis
L Catterton, a global consumer-focused investment firm, completed the investment in Partner Pet, premium freeze-dried pet food company. Financial terms were not disclosed. "More and more people are discovering the joys of having animal friends and are building stronger bonds with their pets. We therefore seek to help them maximize the quality and length of their lives together by providing them with healthy food that suit pets' natural diets. L Catterton's track record of creating value in the pet food space is second to none and we believe we can leverage its proven operating capabilities to accomplish our mission. We look forward to benefitting from its brand building, distribution, and supply chain optimization expertise," Zhi Qiao, Partner Pet Founder and CEO.
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