Investment

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

Financial group Admiral accelerates expansion in pet insurance space
The firm acquired the business from Royal Sun Alliance (RSA) in line with its diversification strategy.

German vet start-up Filu Vet closes €5 million investment
The company discusses with GlobalPETS where it plans to allocate the new capital.

Pet insurance firm Lassie raises €23 million; plans EU expansion
The Swedish company currently insures 60,000 animals in Northern Europe.

Assisi Pet Care takes over natural pet food brand Burns
The firm aims to grow the brand and expand its European footprint.

2024: an optimistic year for these 2 insect pet food players?
Insect supplier Entobel (Singapore) and insect pet food manufacturer Percuro (UK) share their plans with GlobalPETS.

Is Jollyes up for sale?
Reports suggest the business is for sale, but the British pet retailer hasn’t confirmed.

Analysis: Why Tyson Foods invested in insect supplier Protix?
This year’s flat net sales have made the growing insect market even more appealing for the American multinational.

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

Lithuanian insect supplier to set up yellow mealworm plant
Divaks has partnered with Switzerland-based group Bühler to set up a commercial-scale production facility by 2025.

Sale of Australian pet care company Greencross fails (again)
Medical and pharma product distributor EBOS Group did not manage to raise AU$2 billion ($1.3B/€1.2B) from investors.

Rover sells business for $2.3 billion
PE firm Blackstone entered a merger agreement with the Seattle-based pet care marketplace.

Petco in need of ‘swift action’ to up its financials
The Californian pet retailer performs below expectations with a flat quarter in terms of revenue.

General Mills’ former Blue Buffalo plant has a new owner
New Jersey pet food manufacturer United Premium Foods (UPF) will start operating in the factory in the coming weeks.<

Is Alphia the perfect fit for PAI Partners?
The new owner of one of the biggest pet food manufacturers in the US shares their plans for the firm with GlobalPETS.

South Korean mobile operator acquires pet-friendly accommodation platform
LG Uplus has invested in 3 different pet care projects this year.

Petvisor raises $100 million strategic investment
The veterinary and grooming software platform will use the capital injection to consolidate its mobile-enabled soluti

Independence Pet Group raises $55.6 million
The American pet insurance firm aims to use the investment to grow the business further.

Korea’s Prime Minister awards local AI pet start-up
Seoul-based Petnow is expected to gain government support to expand the business.

Saudi pet product distributor secures $21 million
This is PE firm Aliph Capital's second investment in the Middle Eastern pet industry after acquiring a Dubai-based re