Morning all, it’s Irien Joseph bringing you the Europe edition of the Wire from the London newsroom. We are stepping away from this week’s tariff talk and diving into some industry trends. First up: pet care. Thanks to the growing trend of pet humanization, spending in this sector has increased. Columna Capital’s Rory Devlin shares his take on the European pet care industry and where he sees growth opportunities. In tech news, Carlyle has wrapped up its acquisition of Germany’s SNP Schneider-Neureither & Partner, a player in digital transformation services. Lastly, the energy sector is looking active with PE Hub reporting eight deals this week, aligning with the outlook from industry insiders featured in Nina Lindholm’s latest energy article. Fundamental change The European pet care market is riding a long-term wave of growth, fueled by evolving social dynamics, Rory Devlin, managing partner and co-founder of investment firm Columna Capital, told PE Hub. Subscribe to the premium version of the Wire to find out the key growth drivers in the sector and areas of investment opportunities. Recent deals in the sector include: Bonnefield Financial’s investment in animal health company Solvetand PAI Partners agreeing to acquire animal health products and services distributor Nuzoa from Abac Capital. Public-to-private Carlyle Group has completed the take-private acquisition of SNP Schneider-Neureither & Partner. Read the premium version of the Wire to find out SNP’s revenues and other details. Bullish on energy In this week's deal highlights, we are focusing on the energy sector with PE Hub reporting eight deals across Europe and the US. Mubadala Energy takes minority stake in Kimmeridge’s SoTexCDPQ’s Verene Energia to acquire Equatorial’spower transmission unit Sandbrook and PSP Investments to sell Havfram in €900m dealBraemont Capital-backed Loenbro scoops up Stewart Electric Lime Rock-backed San Jacinto Mineral sells Pennsylvania Marcellus Shale assetsAberdeen Investments, Arjun Infrastructure up stake in Spain’s fiber network operator Federated Hermes buys majority stake in Rivington Energy ManagementCVC buys 49 percent stake in biogas operator BalanceThat’s all from me. John R Fischer will be with you in the New York morning with the US edition and Nina Lindholm will bring you the Europe edition of the Wire on Monday as usual. Warmly, Irien Read the full Wire commentary on PE Hub ... |