Gernandt & Danielsson advises NDX Group in its divestment of the Doggy Group to Cinven’s portfolio company Partner in Pet Food
NDX Group, UAB (”NDX”) has entered into an agreement with Cinven’s portfolio company Partner in Pet Food on 30 June 2020, regarding divestment of all shares in the Doggy Group. Doggy AB (”Doggy”) is a leading Swedish pet food producer and distributor with well‑known brands such as Doggy, Mjau and Bozita.
NDX invests in CEE and Scandinavian lower middle market companies. Investments includes inter alia Arteta Sp. z o.o., Novofruct SK, s.r.o., SOOO Kvinfud, Mispol S.A. and Eurocash1, UAB.
The transaction is conditional upon customary approvals by competition authorities.
Gernandt & Danielsson advises NDX with a team consisting primarily of Partner Fredrik Palm (M&A), Senior Associates Jonas Hämälä (M&A) and Helena Selander (Competition) and Associates Simona Stenborg (M&A), Andreas Lexhag (M&A), Elin Sahlin (Real Estate) and Hampus Högberg (Employment).