Cinven to create pet care platform in Italy through combination of Arcaplanet and Maxi Zoo Italia
International private equity firm, Cinven, has signed an agreement to acquire a majority stake in Arcaplanet, a pet care retail chain in Italy, from funds advised by Permira and Winch Capital Partners. As part of the transaction, Cinven and Arcaplanet will jointly acquire Maxi Zoo Italia, the third largest pet care operator in the Italian […]
Cinven tables £1.4bn bid for FTSE 250 asset manager Sanne
Asset manager Sanne has sat down with private equity suitor Cinven after already rejecting its advances four times. The two plan to hold talks over the £1.4 billion potential offer that Cinven has indicated it could make for the Jersey-based company. Sanne first revealed that it was being courted by Cinven a month ago. The […]
