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Divestment by Paragon Products B.V.

Transaction
Rondo Food GmbH & Co KG acquired a minority stake in Paragon Products B.V. Rembrandt M&A acted as the exclusive financial advisor to the seller.

Parties
Paragon is a producer of dog chews. These chews are completely made out of plant-based ingredients. The company has a factory located in Veendam, the Netherlands, and its products are also sold internationally.
For more information, see: www.paragondogchews.com

Rondo Food is a German producer of animal snacks. The predecessor of the company was founded in the late 19th century, and was specialized in custard powder and banking ingredients. In 1994, the company made the swtich to snacks for cats and dogs. The company has three different production facilities in Germany.
For more information, see: www.rondofood.de

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