Europe’s Partner in Pet Food stuff buys Italian peer Landini Giuntini | Food stuff Business News

Landini Giuntini gets PPF’s most current acquisition

Lover in Pet Food, a Hungary-dependent pet-foods producer with nine factories in Europe, has snapped up a organization in Italy to broaden its product assortment.

Landini Giuntini, Italy’s premier supplier of personal-label dry pet food stuff, has been sold to Partner in Pet Food items (PPF) for an undisclosed sum.

PPF’s products range covers the principal groups of damp and dry food items and the business enterprise said the deal would develop its portfolio.

“With its strong footprint in Italy and thriving expansion, this acquisition represents a significant opportunity for us to develop even further our pan-European presence. This partnership will also empower us to broaden our product or service selection into treats and treats, specifically in the top quality and super-high quality ranges,” PPF main executive Gerald Kuehr claimed.

Based in Città di Castello in central Italy, Landini Giuntini materials domestic and global consumers, like supermarkets and speciality pet foodstuff shops. The firm’s administration group, led by Steven Giuntini, will continue to operate the business enterprise right after it will become part of PPF.

Mr Giuntini mentioned: “We will be capable to offer items from PPF’s assortment to our customers and to assistance PPF’s system with our merchandise and our passion for pet meals [that is] created in Italy.”

PPF’s past acquisition came in July when the organization acquired Sweden-primarily based pet-food enterprise Doggy, another move to bolster its small business internationally.

Two-and-a-fifty percent several years back, personal-equity team Cinven obtained PPF from a different acquire-out household Pamplona Funds Management. Pamplona experienced acquired the company from personal-fairness business Arrival International in 2015.

PPF generates annual sales of all around EUR300m (US$365.3m), distributing items across a lot more than 30 European countries and using in excessive of 1,800 staff.