The Real Pet Food Company to be acquired by Asia-Pacific investor group

Since 1994 the Real Pet Food Company has been reimagining how pet owners in Australia and New Zealand show real love for their dogs and cats. The opportunity now is to take this to the world. 

Today, the majority owner of the Real Pet Food Company, Quadrant Private Equity, announced that it has entered into an agreement to divest its interest in the Company to a partnership comprising some of the Asia-Pacific’s leading investors. The transaction values the Real Pet Food Company at A$1 billion. The transaction remains subject to FIRB approval. 

The partner group is led by Hosen Capital, a leading private equity firm based in Beijing, together with China’s largest private agribusiness enterprise New Hope Group, and Singapore investment company, Temasek. 

Quadrant Private Equity invested into the Real Pet Food Company in June 2015 alongside the founding Quinn family and management. Since then, the Company has grown significantly through innovation in brands, products and markets across ranges such as Nature’s Gift, Nature’s Goodness, Farmers Market, Billy + Margot, Ivory Coat and Jimbos. 

The new partner group will continue to drive innovation and growth in Australia and New Zealand, alongside the Quinn family and management. The partners will also take advantage of their regional and international operations to help grow the Real Pet Food Company internationally. 

“Everybody wins…” said David Grant, the CEO of the Real Pet Food Company. “For the past two years Quadrant have supported us to grow strongly in our home markets. Now our Asia- Pacific partners are ideally suited to support us as we look to take our success to the Chinese and North American markets.” 

“Our products being Australian-made gives us a significant advantage. Our provenance will be important as we grow offshore. All the while, we will maintain our passion and focus on being be the best, most caring and innovative, pet food company in Australia and New Zealand.” 

Nick Dowling, CEO of New Hope Group in Australia & New Zealand and spokesperson for the partner group said “this is a logical next step for a real local success story. Our partners share a common vision for the Real Pet Food Company. The opportunity to each bring our respective capabilities will help the company accelerate its growth and open new market opportunities.” 

Chris Hadley, Executive Chairman of Quadrant Private Equity said “Quadrant invested in the Real Pet Food Company to accelerate growth plans by working closely with David Grant and his team by investing in operations, new product development and international expansion. We are proud of what we have achieved over the past two years and believe David and his team are well placed with their new partners to continue to build the Real Pet Food Company into a world leading pet food business.” 

Mr. Grant will join the Board of the partner group and existing management will continue to lead the company’s growth. The sale will not impact the Company’s seven Australian and two New Zealand manufacturing facilities. 

“This is a great opportunity for all of our people, our products and our brands to show the world what real care for our pets is all about,” said Mr. Grant. 

Media Contacts Available for comment: 

David Grant
Real Pet Food Company

Nick Dowling
New Hope Group

Chris Hadley
Executive Chairman
Quadrant Private Equity
+61 2 9221 3044

Journalist Contact: 

Alissa Taylor 
+61 412 584 114 

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