The Nutriment Company has continued its acquisition spree with the takeover of German private-label pet-food business Graf Barf from CDS Hackner.
The financial terms of the transaction were not disclosed.
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In a statement, Sweden-based The Nutriment Company said the acquisition is aimed at “further strengthening its position as a leader in the natural, high-quality pet food segment”.
The move comes two months after the Sweden-based group snapped up BAF Petfood from German peer Fressnapf.
Graf Barf provides a range of raw pet food products, including complete meals, cube portions, and other formats.
The German business also operates an “IFS-certified, human-grade” production facility.
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By GlobalDataThe Nutriment Company said the deal would broaden its geographic reach in Germany, where it already markets brands such as Barfgold, DIBO, Nutriment and Aniforte.
The transaction also “lays the groundwork for a more accelerated expansion” into neighbouring markets, including Switzerland and Austria, it said.
As part of the deal, The Nutriment Company has also teamed up with CDS Hackner to establish a frozen logistics hub to serve mainland Europe.
CDS Hackner CEO and owner Michael Hackner said that the group will become The Nutriment Company’s “central logistics hub for Europe from our Crailsheim location and are ready to integrate Graf BARF into the TNC brand portfolio, passionately supporting the brand’s continued growth.”
Headquartered in Stockholm and owned by Nordic PE firm Axcel, The Nutriment Company supplies “natural premium” pet food.
In April, The Nutriment Company executed its fifth acquisition of the year with the takeover of UK-based Bulmer Pet Foods.
The pet-food supplier also entered Spain in February with the acquisition of Puromenu, a raw pet-food producer.
