Company based in Hungary for sale for an insane price

PPF is headquartered in Hungary and has operations in ten countries: The Netherlands, Hungary, Czech Republic, Slovakia, Poland, France, Italy, Romania, Sweden, Germany. With eleven factories across Europe, PPF is the only market operator with an integrated pan-European production network. The network enables us to deliver products efficiently to our customers when and where they are demanded. Currently, we distribute our products to more than 600 customers, including supermarkets, specialist pet shops, and veterinarians across 40 countries.

Partner in Pet Food produces more than 450,000 tonnes of pet food every year. This amount is distributed in 38 European countries, according to the Cinven website. The company was acquired by a private equity firm in 2018.

Great investment?

Bloomberg estimates that the global market for pet care will grow from USD 320 billion to nearly USD 500 billion by 2030. Thus, private equity firms are keen to capitalise on this growth. Apollo Global Management last month agreed to buy a minority stake in North American pet retailer PetSmart from BC Partners, and in 2021, Hellman & Friedman and EQT AB teamed up to buy Germany’s Zooplus. Meanwhile, EQT agreed earlier this year to acquire the British veterinary pharmaceutical company Dechra Pharmaceuticals.