The Public Sector Pension Investment Board (PSP Investments) has acquired a minority interest in Allflex Group from international private equity firm BC Partners.
BC Partners first invested in Allflex, a global company that specializes in animal intelligence and monitoring technology, in 2013, and will remain the controlling owner.
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“Allflex is a high-quality, fast-growing industry leader with a unique market position,” said Guthrie Stewart, senior vice-president and global head of private investments, in a news release. “We are delighted to invest in the group, as part of PSP Investments’ increasing presence in the European private equity market.”
“Allflex has performed extremely well and we are delighted to be supported by PSP Investments in order to continue the company’s fantastic growth story,” said Jean-Baptiste Wautier, managing partner at BC Partners.
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