Fressnapf completed the acquisition of Arcaplanet from Cinven.

Fressnapf, a pet food company, completed the acquisition of Arcaplanet, a pet care retailer, from Cinven, a private equity firm. Financial terms were not disclosed. “Arcaplanet has been a fantastic Consumer investment for the Cinven funds: identified through our focus on the consumer mega-trend of Pet Humanisation, built on our long-standing relationship with Torsten and Fressnapf and delivered through supporting Nicolò and the Arcaplanet team as they executed on our value creation plan. Our experience in the sector, built through Cinven funds’ investments such as PPF and Arcaplanet, allows us to be a value-added partner to one of Germany’s most successful retail entrepreneurs, and to help him achieve his vision and ambitions for Fressnapf," Maxim Crewe, Cinven Partner.