National law firm Bond Dickinson LLP, which has a large office in Bristol, has advised Piper, a leading specialist investor in consumer brands, on its investment into Pet Food UK, the company behind the Barking Heads, Meowing Heads and AATU brands. Bristol Corporate Finance Partner Simon Hewes, Bristol Solicitor Sammy Hill and London-based Managing Associate Leon Miller advised on all stages of the transaction.
Piper’s £5 million ($6.5 million) investment in Pet Foods UK strengthens its presence in the natural pet food sector and with revenues exceeding £10 million ($12.9 million), their latest acquisition means the business can continue to grow and prosper. Simon Hewes, Partner at Bond Dickinson said: “We are delighted to have advised our longstanding client Piper on this latest investment, which will support Pet Food UK’s ambitions for growth in the UK and internationally.”
Rory Gibbs, Investment Director at Piper, added: “The Bond Dickinson team were instrumental in getting the deal over the line. They offered commercial advice and their specialisms were extremely useful during the due diligence process.
“The £250 million ($323 million) natural pet food market continues to be an area of high growth as consumers are increasingly and justifiably concerned about what they are feeding their pets. Backing the team behind Barking Heads, one of the leading premium natural dry pet food brands, complements our investment in Forthglade which is focused on the premium natural wet food sector.
“Both investments demonstrate our commitment to finding market leading brands in sectors we believe have significant growth potential. The two businesses will continue to be run independently.”
