Motion Equity Partners announced that it has entered into an exclusive agreement with the Permira Funds for the sale of Arcaplanet Group, a leading pet stores retailer.
Arcaplanet Group was founded in 1995 by Michele Foppiani, who still runs the Company as CEO. The Group operates a chain of c.150 stores which sell over 10,000 SKUs, ranging from pet food to accessories and to healthcare products. The Group has also developed its portfolio of four different owned brands: Start, Expecial, Next and HiFish. In 2014, Arcaplanet Group launched its online retail activity.
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