Fressnapf Completes Acquisition of Arcaplanet from Cinven
Deal News | Dec 13, 2024 | Legal Community Italy
Hogan Lovells has successfully guided Fressnapf, a leading pet care group, through the acquisition of the entire share capital of Arcaplanet, a notable pet store chain. This transaction marked a significant movement in the pet retail sector as Cinven, the seller and investment fund, took a minority stake in Fressnapf. Hogan Lovells provided comprehensive legal support with a cross-border and multidisciplinary team. On the other side, Clifford Chance represented Cinven, ensuring the intricacies of corporate and antitrust matters were managed with exemplary skill. Gitti and Partners advised Arcaplanet's management team, highlighting the collaborative effort required for such a complex transaction. Additionally, Freshfields provided counsel to Cinven for their reinvestment in Fressnapf, showcasing the layered nature of this investment strategy.
Sectors
- Pet Retail
- Private Equity
- Legal Services
Geography
- Italy – The acquisition involved Arcaplanet, which is a company based in Italy, indicating the geographic focus.
- Germany – Fressnapf, the acquiring company, has its headquarters in Germany, representing another geographic link.
Industry
- Pet Retail – Fressnapf's acquisition of Arcaplanet is directly related to the Pet Retail industry as both companies operate within this sector.
- Private Equity – Cinven, a significant player in the private equity sector, is involved in the selling and reinvestment aspects of the deal.
- Legal Services – The presence of law firms such as Hogan Lovells, Clifford Chance, and others underscores the importance of legal expertise in this transaction.
Financials
- – The article does not mention specific financial figures related to the acquisition deal, such as the purchase price or the value of the minority stake.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fressnapf | Buyer | Company | A leading pet care group that acquired the entire share capital of Arcaplanet. |
| Arcaplanet | Target company | Company | A notable pet store chain in Italy that was acquired by Fressnapf. |
| Cinven | Seller and Investor | Private Equity | Private equity fund that sold Arcaplanet and acquired a minority stake in Fressnapf. |
| Hogan Lovells | Legal Advisor | Company | Provided legal assistance to Fressnapf for the acquisition. |
| Clifford Chance | Legal Advisor | Company | Advised Cinven on corporate and antitrust aspects. |
| Gitti and Partners | Legal Advisor | Company | Assisted Arcaplanet’s management team with corporate, fiscal, and labor aspects. |
| Freshfields | Legal Advisor | Company | Advised Cinven on the reinvestment in Fressnapf. |