More than 20% of Nestlé’s sales last year were pet products
The conglomerate’s pet category is the largest contributor to organic growth, while global sales decreased by 1.5%.
Better Choice to develop weight loss supplement for pets
The Florida-based pet health and wellness firm recently acquired all issued and outstanding shares in Canadian Aimia Pet Healthco for an undisclosed amount.
Italian pet wellness company Jampy secures €1 million investment
The Milan-based firm wants to expand its portfolio across Europe and beyond.
Westfleisch acquires The Petfood Company
Germany’s second-largest meat marketer has bought the pet food manufacturer’s entire business as of 1 February.
Darling Ingredients completes acquisition of rendering firm Miropasz
The Texas-based agrifood company first announced plans to acquire the Polish firm for €110 million ($118.74M) in 2022.
How a $12.3 million investment will impact GFI’s pet business
The Canadian ingredient supplier wants to further grow its footprint in the industry.
Elanco to sell its aqua business to Merck Animal Health
The $1.3 billion sale will allow the pharma company to focus on its pet health portfolio.
Purina acquires facility in the US state of Georgia
The pet food giant has been leasing its facility in Fulton, where it has been operating since 1972.
The acquisitions driving the pet industry forward
As 2024 starts to take shape, what will be the impact of some of the sizeable investments in different parts of the sector and the globe last year?
Major corporations are expanding their horizons and moving into the pet care space
The pet industry is appealing to more and more companies that want to grow their stake in an attractive and rapidly evolving sector.
How an EU grant could change the pet industry through a Finnish biotech start-up
The European Commission invested €12 million in Enifer to help build a mycoprotein factory.
L Catterton pumps $40 million into Sploot Veterinary Care
The Colorado-based vet care platform aims to broaden its veterinary network and enhance customer satisfaction.
Indian animal healthcare firm Zenex acquires Ayurvedic pet businesses
The takeover of Ayurvet marks a milestone in Zenex’s journey to becoming a comprehensive animal health care solutions company.
VAFO acquires Dagsmark Petfood to strengthen its Finnish footprint
The Czech-based premium pet food manufacturer is targeting growth in the Nordics after adding a new company to its Finnish production capabilities.
GPF 2024: present and future of the pet industry
More than 300 insiders gathered in Venice to share their knowledge, experiences and key insights on opportunities for pet businesses.
Protix secures €37 million of debt financing from the EU
A loan from the European Investment Bank (EIB) will help the insect manufacturer and supplier establish a new facility in Poland.
US government funds projects to leverage the pet industry across international markets
The American Feed Industry Association (AFIA) and the Pet Food Institute (PFI) received a capital injection of $1.5 million.
United Petfood to acquire first pet food factory in the Nordics
The Belgian manufacturer will be the owner of a facility of Vital Petfood Group in Denmark.
Gloria Pets recognized among 500 Spanish SMEs leading business growth
The Spanish pet product distributor operates in more than 30 countries and is looking to expand its footprint in the near future.
Drools’ ambition to become a unicorn business
The Indian pet food brand recently invested $30 million to “redefine” the South Asian country’s pet healthcare and veterinary service sector.