The UK-based private equity firm ECI Partners has acquired a majority stake in the British premium pet food company MPM, in order to help finance its continuing international expansion.
MPM produces high-quality pet foods for discerning cat and dog owners, among them the Applaws and Encore brands, widely available in grocery and specialist stores across UK and internationally.
The pet food producer has a strong and growing international business, selling its products in over 33 countries. Less than 40 per cent of revenues are generated in the UK.
The MPM management team, headed by CEO Julian Bambridge and CFO James Bracewell, will continue to lead the business, in partnership with ECI.
