Latest news with #Sopral
Yahoo
08-07-2025
- Business
- Yahoo
UK's Inspired Pet Nutrition seals offshore acquisition with Sopral deal
Investor-backed Inspired Pet Nutrition (IPN) has struck an acquisition outside of its domestic UK market with a deal for Sopral in France. Owned by private-equity firm CapVest Partners since 2020, IPN has snapped up Brittany-based Sopral from fellow investment company Parquest in France. Subject to regulatory approvals, the financial terms of the transaction have not been disclosed. Located in the commune of Pléchâtel, Sopral is a manufacturer of both dog and cat foods in the premium dry segment under brands such as Pro-Nutrition Prestige, Pure Life and Protect. Operating out of a 13,400 square-metre facility and with an employee count of more than 130, Sopral supplies the local market but also exports to 50 countries worldwide, according to a statement. Arthur van Benthem, the CEO of IPN, said: 'This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. 'We look forward to working with the Sopral team to build on their significant successes to date.' Headquartered in Thirsk, North Yorkshire, IPN owns the Harringtons, Butcher's and Wagg brands, some of which were added to its portfolio through acquisitions. The most recent deal was inked last year with Butcher's Pet Care in the UK. In 2021, Pet Food UK was added to the portfolio, including the cat and dog food brands Aatu, Barking Heads and Meowing Heads. Matthew Fargie, a principal at CapVest, said: 'Following on from the acquisition of Butcher's last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN's growth in Europe. 'The acquisition will unlock a number of new opportunities for organic and acquisition-led growth…' Parquest acquired Sopral in a management buyout from French food company Avril in 2018. Commenting on the latest transaction with CapVest and IPN, Thomas Babinet, a partner at Parquest, said the private-equity investor has built up Sopral into a business 'firmly positioned in high-growth markets'. 'We revamped the flagship brands, strengthened the distribution network, launched an e-commerce platform, and doubled production capacity,' he said. "UK's Inspired Pet Nutrition seals offshore acquisition with Sopral deal" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
08-07-2025
- Business
- Yahoo
CapVest and Parquest Agree Terms on IPN's Acquisition of Sopral
LONDON & PARIS, July 08, 2025--(BUSINESS WIRE)--Inspired Pet Nutrition ("IPN"), the fast-growing pet food company controlled by CapVest Partners LLP ("CapVest"), and Parquest, a leading investment firm, have agreed terms on the acquisition of Sopral, a prominent branded pet food platform serving the European market, with manufacturing operations based in France. The transaction is subject to customary regulatory approvals and closing conditions. Financial terms have not been disclosed. Based in Pléchâtel, Brittany, France, Sopral is a leading manufacturer of branded premium dry petfood with a comprehensive range of high-quality nutritional solutions, including Pro-Nutrition Prestige, Pure Life and Protect brands. Sopral has a strong footprint and reputation in France and a fast growing online and international market presence in over 50 countries around the world. Employing over 130 people, the company operates a state-of-the-art manufacturing facility totalling 13,400 square metres and is known for its advanced in-house R&D capabilities. Arthur van Benthem, CEO of IPN, said: "Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food. This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. We look forward to working with the Sopral team to build on their significant successes to date." Matthew Fargie of CapVest, said: "Following on from the acquisition of Butcher's last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN's growth in Europe. The acquisition will unlock a number of new opportunities for organic and acquisition-lead growth and is a great example of CapVest's passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities." Thomas Babinet, Partner at Parquest, said: "When we invested in Sopral in 2018, our ambition was to unlock the company's full potential together with the management team led by Yannick Guého. Collectively, we have transformed a quality-focused manufacturer into a premium brand, firmly positioned in high-growth markets. We revamped the flagship brands, strengthened the distribution network, launched an e-commerce platform, and doubled production capacity. We would like to warmly thank Yannick and his team for their unwavering commitment throughout this journey." Headquartered in Thirsk, North Yorkshire, UK, IPN is best known as the UK dog food market leader with its high-quality natural dog meals and pet treats under the "Harringtons", "Butcher's" and "Wagg" brands. With a strong commitment to natural, high-quality ingredients, IPN is dedicated to providing affordable nutritious pet food that supports the health and well-being of pets. The firm was acquired by international investment firm and buy-and-build specialist CapVest in 2020 and subsequently acquired Pet Food UK in 2021 along with its high quality and distinctively branded premium dog and cat pet food brands "Aatu", "Barking Heads" and "Meowing Heads". In August 2024, IPN acquired Butcher's Pet Care ("BPC"), the UK's leading wet pet food manufacturer. About CapVest CapVest is a leading international private equity investor that partners with ambitious companies supplying essential goods and services to transform their businesses. As an active and patient investor, CapVest has established a strong record of success in delivering attractive returns by working closely with management in transforming the size and scale of its portfolio companies through a combination of organic and acquisition led growth. CapVest seeks to invest in highly resilient industries where the demand driver for the product or service is non-discretionary. Its core sectors include consumer staples, healthcare and essential services. IPN were advised by Natixis Partners and Spayne Lindsay. About Parquest Founded in 2002, Parquest is a recognised private equity player in France. Parquest supports SMEs and their management teams in implementing ambitious development projects in France and abroad. For over 20 years, Parquest has contributed to the development of market-leading companies by supporting them over the long term. Parquest was advised by Amala Partners. View source version on Contacts For further information please contact: On behalf of CapVest & IPN: Ben ValdimarssonReputation Incbvaldimarsson@ Mob: +44 7889805930orPaul Griffinpgriffin@ On behalf of Parquest: Catherine KabléKablé Mob : + 33 6 82 25 73 85 Sign in to access your portfolio
Business Wire
08-07-2025
- Business
- Business Wire
CapVest and Parquest Agree Terms on IPN's Acquisition of Sopral
LONDON & PARIS--(BUSINESS WIRE)--Inspired Pet Nutrition ('IPN'), the fast-growing pet food company controlled by CapVest Partners LLP ('CapVest'), and Parquest, a leading investment firm, have agreed terms on the acquisition of Sopral, a prominent branded pet food platform serving the European market, with manufacturing operations based in France. The transaction is subject to customary regulatory approvals and closing conditions. Financial terms have not been disclosed. Based in Pléchâtel, Brittany, France, Sopral is a leading manufacturer of branded premium dry petfood with a comprehensive range of high-quality nutritional solutions, including Pro-Nutrition Prestige, Pure Life and Protect brands. Sopral has a strong footprint and reputation in France and a fast growing online and international market presence in over 50 countries around the world. Employing over 130 people, the company operates a state-of-the-art manufacturing facility totalling 13,400 square metres and is known for its advanced in-house R&D capabilities. Arthur van Benthem, CEO of IPN, said: 'Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food. This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. We look forward to working with the Sopral team to build on their significant successes to date.' Matthew Fargie of CapVest, said: 'Following on from the acquisition of Butcher's last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN's growth in Europe. The acquisition will unlock a number of new opportunities for organic and acquisition-lead growth and is a great example of CapVest's passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities.' Thomas Babinet, Partner at Parquest, said: ' When we invested in Sopral in 2018, our ambition was to unlock the company's full potential together with the management team led by Yannick Guého. Collectively, we have transformed a quality-focused manufacturer into a premium brand, firmly positioned in high-growth markets. We revamped the flagship brands, strengthened the distribution network, launched an e-commerce platform, and doubled production capacity. We would like to warmly thank Yannick and his team for their unwavering commitment throughout this journey.' Headquartered in Thirsk, North Yorkshire, UK, IPN is best known as the UK dog food market leader with its high-quality natural dog meals and pet treats under the 'Harringtons', 'Butcher's' and 'Wagg' brands. With a strong commitment to natural, high-quality ingredients, IPN is dedicated to providing affordable nutritious pet food that supports the health and well-being of pets. The firm was acquired by international investment firm and buy-and-build specialist CapVest in 2020 and subsequently acquired Pet Food UK in 2021 along with its high quality and distinctively branded premium dog and cat pet food brands 'Aatu', 'Barking Heads' and 'Meowing Heads'. In August 2024, IPN acquired Butcher's Pet Care ('BPC'), the UK's leading wet pet food manufacturer. About CapVest CapVest is a leading international private equity investor that partners with ambitious companies supplying essential goods and services to transform their businesses. As an active and patient investor, CapVest has established a strong record of success in delivering attractive returns by working closely with management in transforming the size and scale of its portfolio companies through a combination of organic and acquisition led growth. CapVest seeks to invest in highly resilient industries where the demand driver for the product or service is non-discretionary. Its core sectors include consumer staples, healthcare and essential services. IPN were advised by Natixis Partners and Spayne Lindsay. About Parquest Founded in 2002, Parquest is a recognised private equity player in France. Parquest supports SMEs and their management teams in implementing ambitious development projects in France and abroad. For over 20 years, Parquest has contributed to the development of market-leading companies by supporting them over the long term. Parquest was advised by Amala Partners.
