Butternut Box Raises £280M in Funding
Summary
The transaction’s closing is subject to customary regulatory conditions, but is expected to occur in Q4 2023. Led by Kevin Glynn, and David Nolan, Butternut Box is a fresh dog food brand, serving freshly–prepared meals, delivered straight to customers. Its core meals include 12 fresh recipes, plus a selection of treats, chews and supplements. The company is operating in the UK, Ireland, the Netherlands, Belgium, and most recently Poland following its April 2023 acquisition of PsiBufet, one of the largest fresh dog food companies in Central and Eastern Europe. The planned facility will be the second of its kind for Butternut Box after Rudie’s Kitchen, a fully integrated manufacturing and fulfilment facility that opened in March 2021, giving the company complete visibility and control over its emissions production.