Ashurst advises CVC Credit on acquisition financings of AlphaPet

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    Ashurst advised CVC Credit on acquisition financings of AlphaPet Ventures GmbH (AlphaPet). The debt capital provided by CVC Credit will, among other things, finance the acquisition of Arden Grange, a leading premium petfood brand in the United Kingdom.

    AlphaPet, with its subsidiaries, is the online market leader in the premium pet sector and combines digital branding with multi-channel sales. With the acquisition of Arden Grange, the Munich-based company further strengthens its position in the European market.

    The Ashurst team was led by partner Anne Grewlich and counsel Dr Philipp Vorbeck. They were assisted by associate Sascha Lotholz and transaction lawyer Nida Waseem (all Global Loans). Advice on tax law aspects was provided by senior associate Dr Susanne Knoch and associate Martin Voelker. At the London office, partner Laura Ho and associate Maximus Asante (both Global Loans) were involved.

    Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity investors and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lending.