Investment

How Musti ramped up business by 9.5% in a year

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

Retail, Online & DTC
21 Dec 2023
Financial group Admiral accelerates expansion in pet insurance space

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.

News
18 Dec 2023
German vet start-up Filu Vet closes €5 million investment

German vet start-up Filu Vet closes €5 million investment

The company discusses with GlobalPETS where it plans to allocate the new capital.

Pet Care
13 Dec 2023
Pet insurance firm Lassie raises €23 million; plans EU expansion

Pet insurance firm Lassie raises €23 million; plans EU expansion

The Swedish company currently insures 60,000 animals in Northern Europe.

Pet Care
12 Dec 2023
Assisi Pet Care takes over natural pet food brand Burns

Assisi Pet Care takes over natural pet food brand Burns

The firm aims to grow the brand and expand its European footprint.

Pet Food
11 Dec 2023
2024: an optimistic year for these 2 insect pet food players?

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.

Global Pet Industry
11 Dec 2023
Is Jollyes up for sale?

Is Jollyes up for sale?

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

Retail, Online & DTC
7 Dec 2023
Analysis: Why Tyson Foods invested in insect supplier Protix?

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.

Pet Food
7 Dec 2023
Portuguese multinational bids €868 million to acquire Musti Group

Portuguese multinational bids €868 million to acquire Musti Group

Sonae values the Nordic pet retailer's "solid omnichannel proposition.”

Retail, Online & DTC
5 Dec 2023
Lithuanian insect supplier to set up yellow mealworm plant

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.

Production & Packaging
4 Dec 2023
Sale of Australian pet care company Greencross fails (again)

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.

Global Pet Industry
4 Dec 2023
Rover sells business for $2.3 billion

Rover sells business for $2.3 billion

PE firm Blackstone entered a merger agreement with the Seattle-based pet care marketplace.

Retail, Online & DTC
1 Dec 2023
Petco in need of ‘swift action’ to up its financials

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.

Retail, Online & DTC
30 Nov 2023
General Mills’ former Blue Buffalo plant has a new owner

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.<

Pet Food
29 Nov 2023
Is Alphia the perfect fit for PAI Partners?

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.

News
28 Nov 2023
South Korean mobile operator acquires pet-friendly accommodation platform

South Korean mobile operator acquires pet-friendly accommodation platform

LG Uplus has invested in 3 different pet care projects this year.

Global Pet Industry
28 Nov 2023
Petvisor raises $100 million strategic investment

Petvisor raises $100 million strategic investment

The veterinary and grooming software platform will use the capital injection to consolidate its mobile-enabled soluti

Global Pet Industry
27 Nov 2023
Independence Pet Group raises $55.6 million

Independence Pet Group raises $55.6 million

The American pet insurance firm aims to use the investment to grow the business further.

Global Pet Industry
24 Nov 2023
Korea’s Prime Minister awards local AI pet start-up

Korea’s Prime Minister awards local AI pet start-up

Seoul-based Petnow is expected to gain government support to expand the business.

Trends & Insights
24 Nov 2023
Saudi pet product distributor secures $21 million

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

News
23 Nov 2023
More stories