RIO DE JANEIRO — International investment firm H.I.G. Capital announced Feb. 11 its acquisition of leading Brazilian pet food manufacturer, Brasília Indústria e Comércio de Alimentos LTDA (FVO). Financial terms of the acquisition were not disclosed.
FVO was founded in 1967 and remains among the top 10 largest pet food companies throughout the country, according to H.I.G. The manufacturer offers a complete brand portfolio of standard and premium dog and cat nutrition products. It operates five facilities and nine distribution centers, which serve all 27 states in Brazil.
“We are pleased to have completed the acquisition of FVO,” said Marcelo Hudik, managing director of H.I.G. Brazil and Latin America. “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.”
FVO’s pet food brands include Katita, Sabor Cat, Goldog, Coldog, Plus Pet, Zuppy, Bomguytos, Tinkle Dog, Dominium Dog, Dudogs, Wolfen, Puruca, Fanny Dog, Bomguy and Clubber for dogs, as well as Katbom, Chanin, Golcat, Colcat, Sabor Cat, Oui Merci, Fanny Cat and Dominium Cat.
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