CapVest Partners has agreed terms for its portfolio company, Inspired Pet Nutrition (IPN), to acquire Sopral, a leading French manufacturer of branded premium dry pet food, from Parquest. The financial details of the transaction were not disclosed.

The acquisition marks another strategic milestone for IPN and follows its recent buyout of Butcher’s Pet Care in 2024. Sopral will enhance IPN’s European footprint with a state-of-the-art 13,400 sqm manufacturing facility in Brittany, France, and a strong portfolio of premium brands, including Pro-Nutrition Prestige, Pure Life, and Protect. The company exports to more than 50 countries and employs over 130 staff.

Arthur van Benthem, CEO of IPN, stated: “Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food. This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market.”

CapVest Managing Partner Matthew Fargie added: “Following on from the acquisition of Butcher’s last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN’s growth in Europe. The acquisition will unlock a number of new opportunities for organic and acquisition-led growth and is a great example of CapVest’s passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities.”

Parquest acquired Sopral in 2018 and worked closely with CEO Yannick Guého and the management team to transform the company from a quality-focused manufacturer into a premium international brand. “We revamped the flagship brands, strengthened the distribution network, launched an e-commerce platform, and doubled production capacity,” said Thomas Babinet, Partner at Parquest.

Founded in 2002, Parquest is a recognised French private equity firm focused on long-term support of SMEs across domestic and international expansion projects. IPN was advised by Natixis Partners and Spayne Lindsay, while Parquest received advice from Amala Partners.

The transaction is subject to customary regulatory approvals and closing conditions.

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