3i sells MPM, Manchester pet food firm, to Partners – Northern Financial Review
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3i sells MPM, Manchester pet food firm, to Partners – Northern Financial Review
Switzerland-based private equity firm Partners Group, acting on behalf of its clients, has agreed to acquire Manchester-based MPM Products, a global pet food business focused on premium cat food, from 3i. MPM operates market leading premium wet cat food brands, including Applaws, Reveal, and Encore. 3i said its total gross proceeds are estimated to be £400 million “which represents a c.17% uplift on its 31 March 2025 valuation and c.29% uplift o…
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