Han Kun Law Offices recently represented FountainVest Partners ("FountainVest") in connection with its acquisition of 100% equity interest in Shenzhen Hongrui Biotechnology Co., Ltd. ("Hongrui Biotech"). As a leader in the domestic pet nutrition industry, Hongrui Biotech's RedDog brand occupies a top position in the market. Its flagship products, nutritional gel and hairball solution, have consistently ranked first in sales among similar products for many years, demonstrating the strong market competitiveness of Hongrui Biotech.
FountainVest is a leading private equity firm in Asia, focusing on industries that benefit from the secular growing needs and rising aspirations of the expanding middle class in Asia. FountainVest has been deeply involved in the pet industry for many years, dedicating itself to integrating resources and empowering the industry, thereby building a robust ecosystem of portfolio companies.
