An affiliate of H.I.G. Capital, a global alternative investment firm, completed the acquisition of FVO – Brasília Indústria e Comércio de Alimentos LTDA, a pet food manufacturer in Brazil.
The amount of the deal was not disclosed.
Founded in 1967, FVO is a pet food manufacturer, with a complete portfolio of brands in the standard and premium segments for dogs and cats. The company has national coverage, with a strong foothold in the Midwest and is among the top 10 largest pet food players in Brazil.
FVO operates 5 industrial facilities, 9 distribution centers and reaches all 27 Brazilian states.
H.I.G. is a global private equity and alternative assets investment firm with $43 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies.