The business, which operates one plant and has another under construction, is held by Mihai Bostinaru (67.67%), Cristian-Ludovic Pop (14.5%), Mihail Razvan Ilie (5%), Shunfenda Group, (China, 5%), Florin Vasilica (1.58%) and Newbridge Capital – also held by Florin Vasilica (1.25%), according to termene.ro
Mihai Bostinaru has yet to respond to ZF’s request for comment on the talks over a stake in the business that posted almost RON130 million revenue in 2024, an increase of 10% year-on-year.
Among those interested in the deal is Mozaik Investments, ZF’s sources say. The private equity firm could buy into the business together with other financial investors, considering Pet Factory is a big business and the deal could be higher than Mozaik’s average ticket.
“We looked into this industry in the past, which we feel has potential, but for the time being we are not in any active negotiations and will not comment any further on this deal,” says Dan Farcasanu, Mozaik Investments partner.
(English version by Loredana Fratila-Cristescu)