.
MergerLinks Header Logo

New Deal


Announced

Completed

Entrepreneurial Equity-backed Thrive Foods completed the acquisition of Canature.

Financials

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

Tags

Edit

Cross Border

Single Bidder

freeze-dried pet food

pet food

Food Products

Canada

Acquisition

Majority

Private

Private Equity

Completed

Friendly

Synopsis

Edit

Entrepreneurial Equity-backed Thrive Foods, a manufacturer of freeze-dried products, completed the acquisition of Canature, a producer of freeze-dried pet food and treats. Financial terms were not disclosed. “We are thrilled to join Thrive Foods. We have long admired Thrive's success in the freeze-dried industry and believe significant value and synergy will be generated by combining the capabilities of our teams. e2p and Mubadala Capital have a successful history of partnering with family-held businesses and entrepreneurs and we believe they will provide us with the necessary support and expertise to achieve Canature’s next phase of growth within Thrive,” Gary Xu, Canature Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US