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Advent International and CVC Capital have submitted a joint bid to acquire Partner in Pet Food, a Hungary-based company owned by Cinven. The bid is part of their strategy to expand in the European pet food market. The news was reported by multiple sources including BloombergUK, FT, and Reuters, highlighting the significance of this move in the private equity space.
🇬🇧 Advent and CVC make joint bid for European pet food business https://t.co/QHR4pnJ8SN
Advent and CVC make joint bid for European pet food business, via @william_louch @IvanLevingston @FT #PrivateEquity https://t.co/GnRcOi8lLZ
Advent, CVC make joint bid for European pet food business owned by Cinven, FT reports https://t.co/FkQqEkrD2g https://t.co/h5m9jlkJId