Travers Smith LLP has advised the senior management team of Partner in Pet Food (PPF), a leading European pet food manufacturer, on the sale of a majority stake in the company to funds managed by CVC. This deal, subject to regulatory approval and other customary conditions, signifies a major transition for PPF, which manufactures a diverse range of pet food products and serves over 280 customers in more than 35 countries. In 2023, PPF generated approximately €800 million in revenue by producing around 700,000 tons of pet food. The legal team from Travers Smith was led by Private Equity & Financial Sponsors Partner Adam Orr, with specialized tax advice provided by Hannah Manning and her team.

Pet Food Manufacturing, Private Equity, Corporate Finance Advisory,Europe