The global asset management firm Intermediate Capital Group, based in London, aims to acquire a 25-per-cent capital share in fast-growing Belgian pet food manufacturer United Petfoods. The deal is subject to approval by the cartel authorities, which will rule on it in the next few months.
United Petfoods has been cooperating with Waterland Private Equity Investments, a Belgian-Dutch investment company, since 2016. Following significant expansion in recent years, the pet food manufacturer is one of the leading companies in the European pet supplies industry.
