Gambol Pet Group, a Liaocheng, Shandong Province, China-based provider of pet food, received a private equity investment from KKR‘s China Growth Fund.
The amount of the deal was not disclosed.
The company will use the funds to expand its production capacity in key markets including China, Thailand, countries in Europe, and the US, where it is currently the largest private-label provider of pet treats to Walmart.
Led by Qin Hua, Chairman & CEO, Gambol provides a wide range of pet food products including dry food, wet food, real meat jerky treats, rawhide chew, dental bone etc, supplying them to a broad customer base in Europe, Asia and North America.
In its local market, the company sells pet food product through its “Myfoodie” brand, through both online and traditional retail channels.
FinSMEs
28/02/2017