Animal magnetism nets Sharples and Grant new investor

A NORTH West pet food business has sold a majority stake to German’s Pet Products Group for £2.63m.

Southport-based Sharples and Grant was founded in 2008 by Bryan Sharples and Robin Grant and is a major supplier to  Handforth-based retailer Pets at Home.

The company supplies more than 1,000 products for for dogs, cats, small animals, cage birds, aquatics and wild birds. It is also a distributor for a range of pet hygiene products from Petkin.

The founders, who are remaining with the business, were advised by David Bushell from Merseyside law firm Brown Turner Ross Solicitors.

Other advisers included: Ged Clarke of Liverpool accountants Kinsella Clarke, while US-based firm Faegre Baker Daniels’ London office and Ernst Young Legal’s Munich office acted on behalf of Pet Products Group.

Brian Sharples, Director of Sharples and Grant, said: “We are pleased with the outcome of the deal, David Bushell and his team guided us expertly through, we couldn’t be happier.”

PPG managing director Dr Angelika Westerwelle said: “Integrating Sharples & Grant into the PPG, we may now benefit further from the advantages of both companies with regards to purchasing, logistics and sales, but also product development.

“This results in synergies which offer us greater competitive opportunities in the market. Bryan Sharples and Robin Grant continue in their positions as managing directors and partners. Both will bring their in-depth knowledge, years of experience and their personal drive into the daily business of S&G and internationally into the development and growth of the PPG. I am very glad about that.”

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