H.I.G. Capital a leading global alternative investment firm with $43 billion of equity capital under management, is pleased to announce that its affiliate has completed the acquisition of FVO – Brasília Indústria e Comércio de Alimentos LTDA., a leading pet food manufacturer in Brazil.
Founded in 1967, FVO is a fast growing and leading pet food manufacturer, with a complete portfolio of brands in the standard and premium segments for dogs and cats. The Company has national coverage, with clear dominance in the Midwest and is among the top 10 largest pet food players in Brazil. FVO operates 5 industrial facilities, 9 distribution centers and reaches all 27 Brazilian states.
Marcelo Hudik, Managing Director of H.I.G. Brazil and Latin America, commented: “We are pleased to have completed the acquisition of FVO. The Company has done an outstanding job of creating a leading platform that is competitively well positioned to scale in the attractive pet food market.”