Author: Laura McGuire

Sunday 24 March 2024 2:27 pm Advent previously acquired the business in 2011 before selling it to investment management group Pamplona Capital Management in 2015 for €315m (£271m). Private equity firms Advent International and CVC Capital have reportedly joined forces to bid for Partner in Pet Food (PPF), a pet food brand owned by Cinven. Cinven is seeking around €2bn (£1.7bn) for the business, the Financial Times reported, which said talks were ongoing. The business, which owns brands such as Prevital and Reno, was formed from a series of acquisitions between 2000 and 2006. Private equity firm Cinven bought PPF…