Global Law firm Clifford Chance has advised international private equity firm Cinven on the sale of Arcaplanet, a leading Italian pet care retailer, to Fressnapf Group (‘Fressnapf’), a leading European pet supplies business. In a new and separate transaction, Cinven funds will make a strategic investment in Fressnapf. With this transaction, Cinven and Fressnapf share the common goal of creating the best and fastest growing omnichannel pet care platform globally, and a key player in the European pet care landscape.
The cross-border and multidisciplinary team was led by Milan based corporate partners Paolo Sersale and Filippo Isacco with support from associates Lorena Loos and Alessia Aiello. English law aspects were covered by London based partner Shimin Lee, senior associate Mark Inkester and associate Adam Clifton. Specialist advice was provided by senior associate Angela Benincasa and Sabrina Maltoni, as well as by counsel Andrea Tuninetti Ferrari. Antitrust advice was provided by partner Luciano Di Via.
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