Acquisition of Italian pet food manufacturer Landini Giuntini by Partner in Pet Food
13 Jan 2021
Partner in Pet Food (‘PPF’), a leading European pet food manufacturer, and Landini Giuntini (the ‘Company’), a leading Italian pet food manufacturer, are pleased to announce that they have completed a transaction whereby PPF has acquired 100% of the capital of Landini Giuntini. The consideration for the transaction is not disclosed.
Headquartered in Città di Castello, Italy, Landini Giuntini is the largest private label dry pet food manufacturer in Italy. Founded in 1956, the business has a long history of producing high quality pet food across different product categories, for Italian and international customers, including supermarkets and specialty pet food retailers.
Landini Giuntini is highly complementary to PPF, given its geographical presence, product offering and strong growth prospects, and fully reflects PPF’s strategy to further internationalise its business and expand its premium pet food categories. The Company’s management team, led by Steven Giuntini with the support of Gino Giuntini, will continue to run the business after it becomes part of the PPF Group.
This transaction follows PPF’s recent acquisition of Doggy, a leading Swedish pet food manufacturer, in September 2020, as part of its consolidation strategy to grow and internationalise the business and widen its product offering to customers.
Commenting on the acquisition, Gerald Kuehr, CEO of PPF, said:
“We are delighted to partner with such a successful family-owned business as Landini Giuntini. With its strong footprint in Italy and successful growth, this acquisition represents a significant opportunity for us to expand further our pan-European presence. This partnership will also enable us to broaden our product range into snacks and treats, particularly in the premium and super-premium ranges. We are very excited about working with Steven, Gino and the rest of the team at Landini Giuntini”
Steven Giuntini, CEO of Landini Giuntini, said:
“We are honoured to become part of the PPF family, being chosen by a leading group like PPF makes us proud. I am convinced that this partnership will accelerate the development of our company Landini Giuntini and of the entire PPF Group. We will be able to offer products from PPF’s range to our customers and to support PPF’s platform with our products and our passion for pet food ‘Made in Italy’. We look forward to working with Gerald and the team at PPF: our teams will be united in a ‘family’ with the same passion and commitment to pet food”
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Notes to editors
Headquartered in Hungary, PPF is a market-leading pet food manufacturer with nine manufacturing operations across Europe. PPF supplies pet food to more than 250 customers in Europe, including traditional retailers, discounters, speciality pet retailers and online specialists. Its product range covers the main categories of dog and cat food including wet and dry food including single serve products. Established in 1999, the company employs more than 1,800 people and produces close to 550,000 tons of pet food per annum, distributed across 38 countries in Europe.
About Landini Giuntini
Headquartered in Città di Castello (Italy), Landini Giuntini is a leading Italian pet food manufacturer and the largest manufacturer of private label dry pet food in Italy. It supplies a large number of customers in Europe and the Middle East, including top supermarket chains, specialty pet food chains and independent stores. Its product range includes dry pet food across a broad range of product formats and price points. Established in 1956 as a producer of animal feeds by the Giuntini and Landini families, today it employs over 120 people and manufactures over 100,000 tons of pet food per annum.