KKR snaps up Natural Pet Food Group

KKR snaps up Natural Pet Food Group
Dan Brunskill
Global private equity firm KKR has bought the Natural Pet Food Group as it looks to add premium brands for animal lovers to its existing stable of pet food investments.Natural Pet Food chief executive Neil Hinton said the sale was hotly contested between a number of would-be buyers with KKR ultimately winning out.The details of the deal remain secret, but another local pet food brand, Ziwi Peak, is rumoured to be for sale at roughly $400 million.The investment expands KKR’s foray into the pet food sector after it bought China-based pet fo...

More Markets

NZ sharemarket up 0.1% on flat trading day
Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.