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‘PE firms step-up chase for pet food maker’
Some of Europe’s leading private equity houses are stalking the Cheshire company which makes supermarket pet food brand Applaws and Encore.
MPM Products, based in Macclesfield, has been open to private equity investment for several years, but has yet to conclude a successful deal.
The Sunday Times claims that an investment fund backed by some of the families that founded the world’s largest brewer, Anheuser-Busch InBev, maker of Budweiser, is in the running to take a stake in the £25m turnover company.
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