CapVest-backed Inspired Pet Nutrition to acquire Butcher’s Pet Care for $56m.

CapVest-backed Inspired Pet Nutrition, an independent UK pet food company, agreed to acquire Butcher’s Pet Care, a manufacturer of high-quality wet pet food for $56m. "Butcher’s is a great addition to the IPN platform, creating a business of greater scale and presence across a range of categories, channels and customer segments. It also creates a solid platform to pursue further organic and acquisition-led growth with a particular focus on Europe and we are delighted to have a CEO of Arthur van Benthem’s calibre ready to lead this plan with his extensive brand, financial, strategy and leadership experience. This deal is a great example of CapVest’s passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities. We look forward to continuing to work with the team to strengthen IPN’s prospects and optimally position the business for a multitude of growth opportunities in the future," Kate Briant, CapVest Senior Partner.