13 September 2017
International law firm Taylor Wessing has advised Rutland Partners on its acquisition of Armitage Pet Care, the UK’s largest independent manufacturer and supplier of premium branded pet treats and accessories.
Armitage Pet Care, which was granted the Royal Warrant in 1976, has a strong brand portfolio and it supplies over 2,000 products across the dog, cat, small domestic pets, bird and fish categories to a broad customer base including the major supermarkets and pet specialist retailers. Rutland’s investment in Armitage represents an exciting scale opportunity to support and invest behind a successful incumbent management team and to build on current expansion plans.
Private equity partner Edward Waldron led on the transaction together with senior associates Jonny Bethell and Suzy Penney and associate Nick Karangizi. Banking and finance partner Martin Yells led on debt finance aspects together with senior associate Gabriel Estevez and associate Katie Horbury.
Ben Slatter, Partner at Rutland, commented: “We are delighted to have completed our investment in Armitage, and were supported throughout the process by a high quality team at Taylor Wessing. Armitage has built a strong position in a growing market and is well positioned for future growth.”
Private equity partner Edward Waldron added: “It has been a pleasure to work once again with Rutland and support them on this transaction. It is a very exciting investment for Rutland and Armitage and we very much look forward to working with them going forward.”
Earlier this year, Taylor Wessing advised Rutland on its investment in Omar Group, the UK’s leading designer and manufacturer of park homes and luxury lodges. The firm has previously represented Rutland on a number of other transactions, including their investment in the Walstead Group and the successful £122m sale of Millbrook Group to Spectris plc.