Munich, February 20, 2020 – Mountain Alliance AG (MA, ISIN DE000A12UK08) realized a partial exit of its investment in AlphaPet Ventures GmbH.
The sale takes place as part of the entry of the private equity investor capiton as new lead investor in AlphaPet Ventures GmbH. capiton has structured its entry as a combination of a capital increase and a share purchase from existing shareholders. With the funding from the capital increase, capiton is primarily financing the acquisition of Healthfood24 GmbH with the "Wolfsblut" brand at AlphaPet. The closing of the transaction has now been executed.
Mountain Alliance AG continues to hold a stake of just under 2% in AlphaPet Ventures GmbH in order to be able to further participate in the growth opportunities arising from the now strengthened market position of AlphaPet. Payment of the purchase price in the low seven-digit range is expected to be received in March 2020.