PE-backed dog food maker buys competitor to boost international sales
Private equity fund Resource Partners, the owner of Poland’s leading dog treat producer Maced, has acquired a 100% stake in Atlantic Products, the country’s second largest dog treat maker. The fund says it is determined to expand both companies’ output capacities amid a rising demand for their products.
Maced posted record revenues last year, at about PLN 95 million (US$25.1 million), an increase of 10% year on year, encouraging the company’s owner to invest in raising its production capacities, according to the information obtained by local daily newspaper Puls Biznesu.
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