Resource Partners acquires majority stake in Maced
Resource Partners, one of the leading private equity investors in CEE region, is pleased to announce the acquisition of a majority stake in Maced sp. z o. o.
The founders - Macionga family - will remain as minority shareholders. Mr. Tomasz Macionga will continue to hold the CEO position, while Mr. Edmund Macionga will join the Supervisory Board.
Maced is a leading producer and distributor of natural dog treats. The company, established in 1993, offers its products under the Maced and Dogway brands, as well as under private label of retail chains and specialized zoological chains in Poland and abroad. More than half of the revenues comes from export which grew dynamically in the recent period. The company offers both, traditional dried products and modern molded products.
"The investment in Maced gives us the opportunity to enter the pet treats segment, the fastest growing category of the pet food market. Maced is one of the key producers in the region in a very attractive niche of natural meat snacks for dogs. Current trends in the humanization of pets and the growing awareness of healthy pet nutrition have a positive impact on the growth of this market" says Małgorzata Bobrowska-Jarząbek, Partner at Resource Partners.
"We are looking forward to cooperation with Resource Partners. Financial support and know-how from the fund combined with our knowledge about the snacks category is a chance for even more dynamic development of Maced. We plan, among others, to further grow on foreign markets and expand our product portfolio. Together with the fund, we will also analyze the possibilities of consolidating the industry "says Tomasz Macionga, CEO.
For Resource Partners, the investment in Maced is a continuation of the investment approach focused on supporting the development of small and medium size companies within the consumer goods and services sector. This is another investment in which the Fund cooperates with existing owners, who remain involved in the company.
"The transaction is an example of consistent implementation of our strategy. We try to follow the key trends, which shape the behavior of modern consumers. At the same time, we are happy with the trust that entrepreneurs place in us, seeing in Resource Partners not only a financial investor, but above all a partner and advisor" says Ryszard Wojtkowski, Managing Partner at Resource Partners.
The parties that advised Maced on the transaction are: mInvestment Banking, Sanjeev Choudhary and the Weremczuk, Bobeł i Wspólnicy law firm, with mBank acting as the financing bank.
Resource Partners was advised by: ALCOM Albert Lewicki, DLA Piper, GLG, KPT Doradcy Podatkowi, Ramboll Environ and TS Partners.
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