AI Terminal
Mountain Alliance AG
Regulatory Filings • Mar 1, 2023
5423_rns_2023-03-01_2489d063-d3f0-48df-b592-5551df763175.html
Regulatory Filings
Open in ViewerOpens in native device viewer
News Details
Corporate | 1 March 2023 08:00
Mountain Alliance AG: Investment AlphaPet acquires leading organic premium pet food brand Herrmann’s Manufaktur
EQS-News: Mountain Alliance AG / Key word(s): Investment/Takeover
Mountain Alliance AG: Investment AlphaPet acquires leading organic premium pet food brand Herrmann's Manufaktur
01.03.2023 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Mountain Alliance AG: Investment AlphaPet acquires leading organic premium pet food brand Herrmann’s Manufaktur
Munich, March 1, 2023 – AlphaPet Ventures, an investment of Mountain Alliance AG (MA, ISIN DE000A12UK08), acquires the Herrmann’s Manufaktur brand from Herrmann GmbH. With this acquisition, AlphaPet strengthens its market position as one of the leading brand platforms for premium pet food in Europe, targeting a turnover of around EUR 200 million in 2023.
Mountain Alliance AG has accompanied AlphaPet Ventures GmbH as an investor since 2017 and holds a stake of close to 1.2%. The specialist for premium pet food has continuously expanded its market position as a premium brand platform in recent years. AlphaPet’s brand portfolio includes the newly acquired organic brand Herrmann’s Manufaktur as well as the brands Arden Grange, Wolfsblut, Wildes Land and Müllers Naturhof.
The Herrmann’s Manufaktur brand, which has become the leading organic wet food brand in Germany since its founding in 2006, will be developed independently under the umbrella of the AlphaPet Ventures Group. Specifically, the Group’s strong positioning in online distribution and digital expertise will be leveraged to further grow across all channels and tap into new markets.
The financing of the AlphaPet Group transaction is again carried out by CVC as debt provider. The AlphaPet Group’s other investors include caption, Reimann Investors and Venture Stars.
Manfred Danner, CEO of Mountain Alliance AG, comments: “AlphaPet has written an impressive growth story since our investment in 2017 and has developed into Europe’s leading digital premium pet food platform. We still see a lot of growth potential and look forward to the next expansion steps of our investment.”
About Mountain Alliance AG:
Mountain Alliance AG (ISIN: DE000A12UK08) is an operative investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent, and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in four segments: Technology, Digital Retail, Digital Business Services, and Meta-Platforms & Media. Through its listing, Mountain Alliance enables its shareholders simple access to a diversified portfolio of digital and technology-based assets.
Contact:
Mountain Alliance AG
Manfred Danner
Board of Directors
Theresienstr. 40
80333 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
e-mail: [email protected]
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Graefelfing/Munich
phone: +49 89 1250903-30
e-mail: [email protected]
01.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | Mountain Alliance AG |
| Theresienstraße 40 | |
| 80333 München | |
| Germany | |
| Phone: | +49 89 231 41 41 00 |
| Fax: | +49 89 231 41 41 11 |
| E-mail: | [email protected] |
| Internet: | www.mountain-alliance.de |
| ISIN: | DE000A12UK08 |
| WKN: | A12UK0 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 1570873 |
| End of News | EQS News Service |