Ziwi eyes possible A$400 million sale – report

Ziwi eyes possible A$400 million sale – report
Staff reporters
New Zealand natural pet food company Ziwi Peak could benefit from a covid-induced boom in pet buying.Its owners are in discussions with private equity and trade buyers about a “A$400 million-odd deal”, the Australian Financial Review has reported.Pegged as a potential suitor is Westland Milk buyer, Chinese dairy company Yili.Ziwi has a range of pet food products marketed as ethical and sustainable, free from artificial preservatives, growth promoters or hormones.Ziwi was founded in 2007. It is majority-owned by Andos Holdings, and i...