EMERAM invests in German D2C dog and cat food provider Provital GmbH
Munich (DE), 12 June 2024 - Funds advised by EMERAM have invested in Provital GmbH (Provital), a German D2C provider of high-quality dog and cat food. EMERAM is one of the leading growth investors for medium-sized companies in the German-speaking region.
Provital was acquired by Dr Thomas Brandner in 2006 and is based in Taufkirchen near Munich. The company offers premium dog and cat food through a nationwide direct-to-consumer (D2C) network, which will benefit from the growing demand for quality products. With its own brand Anifit, Provital has grown faster than the market in recent years and has significantly increased its market share in Germany and Austria. The products are sold by more than 2,000 sales agents who provide professional advice and maintain close relationships with their customers.
Dr Thomas Brandner, Managing Director of Provital, welcomes the collaboration: "Over the past 23 years, Anifit has already convinced many dog and cat owners of the concept of species-appropriate and healthy pet food. We are delighted that EMERAM will give us even more opportunities and support to get in direct contact with as many pet owners as possible and to present our foods, snacks, and supplements. Animal welfare is very important to both us and EMERAM and we look forward to the future and our joint activities with EMERAM.”
Dr Sven Oleownik, Partner at EMERAM, explains: "The pet food market has great growth potential as more and more pet owners value high quality food and are willing to pay a higher price for it. Premium products in particular offer a wide range of growth opportunities. Dr Thomas Brandner has built an impressive business in recent years with his focus on premium products. As a business development partner, we want to further expand his successful business model in the coming years. We see great opportunities in the expansion of the product portfolio, the development of new markets and digitalization.”
EMERAM was advised by maconda (commercial), Base Camp (ESG), Houlihan Lokey, Goodwin Procter (both financing), Deloitte (finance, tax, IT) and Reed Smith (legal).
ABOUT EMERAM - www.emeram.com
EMERAM is one of the leading investment managers for medium-sized companies in the German-speaking region. The funds advised by EMERAM provide more than €800 million of capital for the development of growing companies. The portfolio includes companies in the technology/software, value-added services, and new consumer goods sectors. EMERAM acts as a long-term business development partner for its portfolio companies and promotes sustainable growth (organic and inorganic). In addition, the company focuses on the implementation of holistic ESG approaches.
The portfolio currently comprises six platform investments with a total of more than 2,600 employees. The companies consistently deliver double-digit organic revenue growth. In addition, more than 30 add-on acquisitions have accelerated growth and enabled international expansion.
About Provital GmbH - www.provital.com
Provital is a leading and fast-growing supplier of premium dog and cat food, using an exclusive network of sales agents to provide personalised, professional advice and long-term customer loyalty. Provital consultants are independent but work exclusively for Provital and receive ongoing training on the products they sell. Provital's product portfolio focuses on premium quality wet food for dogs and cats, catering to the growing trend of quality-conscious pet owners.
For further information please contact:
Media contact EMERAM - WMP EuroCom AG
Viona Brandt: Phone: +49 (0)175 93 93 320 | Email: emeram@wmp-ag.de
Susanne Horstmann: Phone: +49 (0)89 2488 331 02 | Email: emeram@wmp-ag.de
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