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Chinese investors buy The Real Pet Food Company

The majority owner of the Real Pet Food Company, Quadrant Private Equity, has announced that it has entered into an agreement to divest its interest in the Company to a partnership comprising some of the Asia-Pacific’s leading investors.

The transaction, which is subject to FIRB approval, values the Real Pet Food Company at $1 billion.

The partner group is led by Hosen Capital, a leading private equity firm based in Beijing, together with China’s largest private agribusiness enterprise New Hope Group, and Singapore investment company, Temasek.

Quadrant Private Equity invested into the Real Pet Food Company in June 2015 alongside the founding Quinn family and management. Since then, the Company has grown significantly through innovation in brands, products and markets across ranges such as Nature’s Gift, Nature’s Goodness, Farmers Market, Billy + Margot, Ivory Coat and Jimbos.

The new partner group will continue to drive innovation and growth in Australia and New Zealand, alongside the Quinn family and management. The partners will also take advantage of their regional and international operations to help grow the Real Pet Food Company internationally.

“Everybody wins…” said David Grant, the CEO of the Real Pet Food Company. “For the past two years Quadrant have supported us to grow strongly in our home markets. Now our Asia- Pacific partners are ideally suited to support us as we look to take our success to the Chinese and North American markets.”

“Our products being Australian-made gives us a significant advantage. Our provenance will be important as we grow offshore. All the while, we will maintain our passion and focus on being be the best, most caring and innovative, pet food company in Australia and New Zealand.”

“This is a logical next step for a real local success story. Our partners share a common vision for the Real Pet Food Company. The opportunity to each bring our respective capabilities will help the company accelerate its growth and open new market opportunities,” said Nick Dowling, CEO of New Hope Group in Australia & New Zealand and spokesperson for the partner group.

 

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