Inspired Pet Nutrition (IPN) has agreed terms to acquire European branded pet food platform Sopral from French investment firm Parquest.
Based in Pléchâtel, Brittany, France, Sopral manufactures branded premium dry pet foods, including the Pro-Nutrition Prestige, Pure Life and Protect brands. Employing over 130 people, the company operates a manufacturing facility totalling 13,400 sq m and enjoys a strong footprint in France as well as an international market presence in over 50 countries around the world.
IPN chief executive Arthur van Benthem said: “Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food.
“This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. We look forward to working with the Sopral team to build on their significant successes to date.”
Headquartered in Thirsk, North Yorkshire, IPN is controlled by CapVest Partners LLP and owns the Harringtons, Wagg and Barking Heads brands, as well as the recently-acquired Butcher’s Pet Care business. The Sopral transaction is subject to customary regulatory approvals and closing conditions. Financial terms have not been disclosed.
