QLM Search reposted this
Partner in Pet Food (PPF) welcomes CVC Funds as its new majority shareholder István Szőke, CVC: “We have been tracking this company for over a decade and have been impressed by its transformation into a pan European champion under Gerald’s leadership. While PPF represents our first Hungary headquartered investment, we have significant experience in the broader region and the sector through existing investments in our global private equity business.” Jakub Canda, CVC: “This is an exciting opportunity to invest in a company with an outstanding track record and proven business model. We are very impressed with the quality of the management team and their ability to continue generating growth ahead of the market over many years and through cycles. We are looking forward to supporting the company in its next phase of growth and in particular with larger M&A.” Gerald Kühr, CEO of Partner in Pet Food, said: “We are delighted that CVC will become our new majority shareholder as we continue our successful premiumisation strategy supplemented by an accelerated M&A path, which we started four years ago. In CVC, we welcome a partner that is fully supportive of our passion for people and pets in a healthy environment and this will enhance our ability to continue producing healthy products for our end consumers. My colleagues and I are looking forward to the next chapter of PPF’s successful growth journey with CVC.” https://lnkd.in/ePFAmdDp
Alexander De Mol
1mo
Congratulations to CVC Capital Partners and the Partners In Petfood team. An exciting partnership for the future development of PPF
Tomasz Dziuk
1mo
Welcome CVC 👍
Michał Gosk
1mo
Welcome to our petfood family 🐶 🐱
Manuel List
1mo
Congratulations - fantastic news!
Marcin Kowalczyk
1mo
Best of luck!
James Bone
4w
Congratulations Gerald Kühr Torsten Jacobs Stephane RE Livia Sarkadi Márta Zincsenko-Záhorszki and all the amazing colleagues at Partner in Pet Food (PPF)!
I also experienced the great business and also very personal and human leadership from Gerald during our time in Unilever Congratulations!
Exciting times!
Peter Simor
1mo
Great👏🏻
Congratulations to Partner in Pet Food (PPF) on welcoming CVC Capital Partners Funds as the new majority shareholder! This partnership is poised to further accelerate PPF’s growth and innovation in the pet food industry. Exciting times ahead for PPF as they continue to lead with their premiumisation strategy and expand through strategic M&A. Looking forward to witnessing the positive impact of this collaboration! Bravo 🚀