Mergers & Acquisitions

MPM Products Acquired by Partners Group

6672 MPM NT

M&A Engagement Overview

Industry Group: Consumer
Areas of Focus: Branded Pet Food and Treats, Pet
 

Harris Williams advised MPM Products, a portfolio company of 3i Group, on its sale to Partners Group. MPM is a global leader in premium, natural pet food with market leading brands, including Applaws, Reveal, and Encore.

The cat food sector is benefiting from several thematic tailwinds, including delayed family formation leading to increased pet ownership, the premiumization of products, and resilience due to the essential need of feeding pets.

MPM’s success has been driven by its cat-first, premium proposition characterized by high-quality, human-grade, and visibly different products made with natural, clean-label ingredients, which resonate well with consumers and retailers alike. MPM sells its products in over 50 countries, with a strong position in markets across North America and Europe. The company sells through the Pet Specialty, FDM, and Online channels.

Under 3i’s ownership, MPM expanded its international footprint, invested in innovation, and elevated its brand proposition.

Partners Group is working with MPM's experienced management team to accelerate the company's future growth. Key value creation initiatives focus on further expanding sales in MPM's largest markets, building operations in new markets, and reinforcing supply chain resilience.

Contact the Harris Williams Consumer Group to learn more about this client engagement.