0001193125-16-462806.txt : 20160216 0001193125-16-462806.hdr.sgml : 20160215 20160212181134 ACCESSION NUMBER: 0001193125-16-462806 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160216 DATE AS OF CHANGE: 20160212 GROUP MEMBERS: ARTAL GROUP S.A. GROUP MEMBERS: ARTAL INTERNATIONAL MANAGEMENT S.A. GROUP MEMBERS: ARTAL INTERNATIONAL S.C.A. GROUP MEMBERS: INVUS ADVISORS, L.L.C. GROUP MEMBERS: MR. PASCAL MINNE GROUP MEMBERS: STICHTING ADMINISTRATIEKANTOOR WESTEND GROUP MEMBERS: WESTEND S.A. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Blue Buffalo Pet Products, Inc. CENTRAL INDEX KEY: 0001609989 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 460552933 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-89361 FILM NUMBER: 161421632 BUSINESS ADDRESS: STREET 1: 11 RIVER ROAD STREET 2: SUITE 103 CITY: WILTON STATE: CT ZIP: 06897 BUSINESS PHONE: (203) 762-9751 MAIL ADDRESS: STREET 1: 11 RIVER ROAD STREET 2: SUITE 103 CITY: WILTON STATE: CT ZIP: 06897 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Invus, L.P. CENTRAL INDEX KEY: 0001404570 IRS NUMBER: 830359143 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O THE INVUS GROUP, LLC STREET 2: 750 LEXINGTON AVENUE, 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: (212) 371-1717 MAIL ADDRESS: STREET 1: C/O THE INVUS GROUP, LLC STREET 2: 750 LEXINGTON AVENUE, 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G 1 d134721dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934*

 

 

BLUE BUFFALO PET PRODUCTS, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

09531U102

(CUSIP Number)

December 31, 2015

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Invus, L.P.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Bermuda

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    PN

 

 

Page 2

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Invus Advisors, L.L.C.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 3

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Artal International S.C.A.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Luxembourg

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 4

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Artal International Management S.A.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Luxembourg

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

     58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 5

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Artal Group S.A.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Luxembourg

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 6

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Westend S.A.

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Luxembourg

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 7

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Stichting Administratiekantoor Westend

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    The Netherlands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    OO

 

 

Page 8

13G

 

CUSIP No. 09531U102  

 

  1.   

Name of Reporting Persons:

 

Mr. Pascal Minne

  2.  

Check the Appropriate Box if a Member of a Group

(a)  ¨        (b)  x

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization:

 

    Belgium

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    

Sole Voting Power:

 

    114,987,547

   6.   

Shared Voting Power:

 

    0

   7.   

Sole Dispositive Power:

 

    114,987,547

   8.   

Shared Dispositive Power:

 

    0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

    114,987,547

10.  

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    ¨

 

11.  

Percent of Class Represented by Amount in Row (9):

 

    58.6%

12.  

Type of Reporting Person (See Instructions):

 

    IN

 

 

Page 9

Item 1. (a). Name of Issuer

Blue Buffalo Pet Products, Inc. (the “Issuer”)

(b). Address of Issuer’s Principal Executive Offices:

11 River Road, Wilton, CT 06897

 

Item 2(a). Name of Person Filing
Item 2(b). Address of Principal Business Office
Item 2(c). Citizenship

(i) Invus, L.P. (“Invus”)

750 Lexington Avenue, 30th Floor, New York, NY 10022

Citizenship: Bermuda limited partnership

(ii) Invus Advisors, L.L.C. (“Invus Advisors”)

750 Lexington Avenue, 30th Floor, New York, NY 10022

Citizenship: Delaware limited liability company

(iii) Artal International S.C.A. (“Artal International”)

10-12 avenue Pasteur, L-2310, Luxembourg, Luxembourg

Citizenship: Luxembourg limited partnership

(iv) Artal International Management S.A. (“Artal International Management”)

10-12 avenue Pasteur, L-2310, Luxembourg, Luxembourg

Citizenship: Luxembourg société anonyme

(v) Artal Group S.A. (“Artal Group”)

10-12 avenue Pasteur, L-2310, Luxembourg, Luxembourg

Citizenship: Luxembourg société anonyme

(vi) Westend S.A. (“Westend”)

10-12 avenue Pasteur, L-2310, Luxembourg, Luxembourg

Citizenship: Luxembourg société anonyme

(vii) Stichting Administratiekantoor Westend (the “Stichting”)

Ijsselburcht 3, NL-6825 BS Arnhem, The Netherlands

Citizenship: Netherlands foundation

(viii) Mr. Pascal Minne

Place Ste. Gudule, 19, B-1000, Bruxelles, Belgium

Citizenship: Belgium

The foregoing persons are hereinafter sometimes collectively referred to as the “Reporting Persons.”

 

Item 2(d). Title of Class of Securities:

Common Stock, par value $0.01 (the “Shares”)

 

Item 2(e). CUSIP Number: 09531U102

 

Page 10

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

This Item 3 is not applicable.

 

Item 4. Ownership.

 

  (a) Amount beneficially owned:

As of December 31, 2015, each of the Reporting Persons may be deemed the beneficial owner of 114,987,547 Shares held for the account of Invus.

 

  (b) Percent of class:

As of December 31, 2015, each of the Reporting Persons may be deemed the beneficial owner of approximately 58.6% of Shares outstanding.

 

  (c) Number of Shares as to which the Reporting Person has:

Invus, Invus Advisors, Artal International, Artal International Management, Artal Group, Westend, The Stichting and Mr. Minne:

 

  (i) Sole power to vote or to direct the vote:

114,987,547

 

  (ii) Shared power to vote or to direct the vote:

0

 

  (iii) Sole power to dispose or to direct the disposition of:

114,987,547

 

  (iv) Shared power to dispose or to direct the disposition of:

0

 

Item 5. Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

This Item 6 is not applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

This Item 7 is not applicable.

 

Page 11

Item 8. Identification and Classification of Members of the Group.

Invus and The Bishop Family Limited Partnership (collectively, the “Shareholders”), the Issuer and other shareholders of the Issuer named therein are party to an Amended and Restated Investor Rights Agreement, dated as of January 21, 2015 (the “Investor Rights Agreement”). The Investor Rights Agreement requires the Shareholders to vote their Shares for directors that are designated by the Shareholders in accordance with the provisions of the Investor Rights Agreement. Given the terms of the Investor Rights Agreement, as of December 31, 2015, each of the Shareholders and certain of their respective affiliates may be deemed to be a member of a “group” that owns 130,958,789 Shares, or 66.8% of the outstanding Shares. The Reporting Persons expressly disclaim beneficial ownership over any shares of Common Stock that they may be deemed to beneficially own solely by reason of the Investor Rights Agreement. The Bishop Family Limited Partnership and certain of its affiliates are separately filing a Schedule 13G to report their beneficial ownership of Shares.

 

Item 9. Notice of Dissolution of Group.

This Item 9 is not applicable.

 

Item 10. Certification.

This Item 10 is not applicable.

 

Page 12

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

INVUS, L.P.
By:   INVUS ADVISORS, L.L.C., its general partner
By:  

/s/ Raymond Debbane

Name:   Raymond Debbane
Title:   President
INVUS ADVISORS, L.L.C.
By:  

/s/ Raymond Debbane

Name:   Raymond Debbane
Title:   President
ARTAL INTERNATIONAL S.C.A.
By:   ARTAL INTERNATIONAL MANAGEMENT S.A., its managing partner
By:  

/s/ Anne Goffard

Name:   Anne Goffard
Title:   Managing Director
ARTAL INTERNATIONAL MANAGEMENT S.A.
By:  

/s/ Anne Goffard

Name:   Anne Goffard
Title:   Managing Director
ARTAL GROUP S.A.
By:  

/s/ Anne Goffard

Name:   Anne Goffard
Title:   Authorized Person
WESTEND S.A.
By:  

/s/ Pascal Minne

Name:   Pascal Minne
Title:   Director
STICHTING ADMINISTRATIEKANTOOR WESTEND
By:  

/s/ Pascal Minne

Name:   Pascal Minne
Title:   Sole Member of the Board

MR. PASCAL MINNE

/s/ Pascal Minne

Dated: February 12, 2016