The Carlyle Group, a global investment firm, has acquired a major stake in the US-based pet product manufacturer Manna Pro Products from investment funds managed by Morgan Stanley Capital Partners.
Manna Pro has developed into an industry leader providing nutritionally wholesome products for dogs, cats, backyard chickens and other companion pets. The St. Louis-based company has acquired many of its competitors in the past few years, including Fruitables, Hero Pet and most recently Doggie Dailies, and boasts an impressive success story and tremendous growth.
Carlyle regards its investment in Manna Pro as a continuation of its long-term global commitment to consumer, media and retail, in which it has invested more than 21.5 bn dollars of equity since inception.
