Nordics

How Musti ramped up business by 9.5% in a year
A few days after the announcement of a bid to acquire the company, the Nordic pet retailer shares more about its yearly

Portuguese multinational bids €868 million to acquire Musti Group
Sonae values the Nordic pet retailer's "solid omnichannel proposition.”

BARF pet food: the story so far
The raw pet food sector is rapidly evolving, but there are some key challenges it needs to overcome.

Food and consumables remain strong sales pillars for Musti
The Finnish pet retailer admits the continued volatile trend of discretionary items but is optimistic for the rest of

Swedencare reports strong perfomance of its European portfolio
The pet supplement NaturVet’s European sales jumped in the first 9 months of 2023.

Sky-high inflation: pet supplies taking the hit
The category continues to suffer price hikes, with some countries showing a slight slowdown trend. But how’s the fu

Asia's insect-based pet food is causing a buzz
Southeast Asia's tropical climate is perfect for investment in insect farming, and the most used insects for pet food

Insect pet food: an update
The rapidly growing number of start-ups and technological developments are helping advance this sector.

Is Partner in Pet Food considering the sale of the business?
The Hungarian pet food manufacturer is valued at approximately €2 billion ($2.2B).

Musti reports strong quarter, keeps yearly targets
Pet food and consumables continue to lead the way, accounting for over 70% of the sales.

Symrise: overall decline, pet food segment records growth
The German firm hopes to “strategically strengthen” its pet food portfolio in the near future.

Swedencare posts higher revenue but less profit
Following a record-breaking Q1, the firm also experienced its best-ever Q2.

EU funds algae product development applicable to pet food
The co-founded initiative is expected to lead to sustainable solutions in the Baltic and North Sea regions.

Analysis: High inflation continues impacting pet supplies
Europe takes the lead in the biggest price increases in the first months of 2023.

Swedencare rejects Symrise’s €508 million bid
The Board of Directors believes the offer doesn’t reflect the firm's long-term potential.

VAFO opens its largest factory in Finland
The new facility will produce 20,000 tons of dry pet food per year, with the option to double capacity.

€508 million: Symrise’s bid for Swedencare
The offer is a mandatory procedure after recently acquiring a 30% stake in the Swedish pet care company.

Vet pharma acquisition becomes UK’s biggest takeover in 2023
Dechra Pharmaceuticals agrees on a £4 billion takeover deal by a Swedish private equity firm.

Musti Group reports record-breaking quarter
The Nordic pet retailer highlighted the strong achievement despite current headwinds.

Swedencare CEO: Q1 2023 was the ‘strongest’ ever
The company’s net revenue grew 39% compared to the same period of 2022.