Harbro received investment from Convent Capital
Harbro received investment from Convent Capital
Transaction
Overview
Spayne Lindsay & Co LLP is delighted to announce that it has advised the founders of Harbro, a leading animal feed supplier based in Scotland, in its partnership with Convent Capital, an investment firm specialising in the Agri-food sector.
With nearly 50 years of experience, Harbro is renowned for its expertise in precision nutrition and specialty feed solutions. The company sees significant growth opportunities in the evolving livestock feed sector and is teaming up with Convent Capital to seize these opportunities, drive innovation, and lead industry advancements.
Chris Baxter, CEO of Harbro, said: “We are delighted to have joined forces with Convent Capital. This partnership will help us unlock new growth area and ensure the long-term future of the Harbro brand and business.As our industry faces considerable changes and opportunities in the next few years, we are well- positioned to lead these developments. This will allow us to continue to deliver high-quality solutions to our customers.”
The partnership underscores Harbro’s commitment to delivering innovative, sustainable solutions for live stock nutrition while maintaining its core values of customer focus,innovation, and long-term stability. Harbro will continue to be managed by the existing executive and management teams, ensuring consistency and continuity for customers and employees.
Maarten Meijnen, Founding Partner at Convent Capital, added:“Harbro is an established market leader in quality livestock nutrition and specialty feed, and we are excited to support them on their journey of growth and innovation. At Convent Capital, we believe in generating both financial returns and positive environmental impact by supporting businesses dedicated to improving the sustainability and efficiency of the food system. Harbro’s focus on innovative, performance-driven and sustainable nutrition, coupled with its leadership in research, strongly aligns with this mission.”
This partnership reinforces Harbro’s position as a front runner in the industry, ensuring it remains at the forefront of sustainable and innovative livestock nutrition for years to come. The transaction is backed by Three Hills Capital Partners, known for its entrepreneurial approach to financing and its ability to offer innovative,flexible capital solutions within a professional and dynamic environment. The introduction to Three Hills was facilitated by Viresco Group, a global advisory firm with a strong network of investors in the agri-food industry.
"First-class support from Spayne Lindsay throughout the process of finding new investment partners for the Harbro Group. The team were an absolute pleasure to work with, and their guidance, counsel, direction, and hands-on support were invaluable from beginning to end."
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