Pet World Nutritions is planning an initial public offering (IPO) in Singapore by the end of the year
Sources with “knowledge of the matter” revealed to Reuters that the Selangor-based pet food manufacturer is considering an IPO of $100 million (€95M) in the coming months.
In May 2023, the company announced a strategic partnership to embark on producing Malaysia’s first sustainable dog food using Black Soldier Fly Larvae (BSFL) as an alternative protein source.
Pet World Nutritions was established in 2006 and manufactures pet foods ProDiet and ProBalance. Besides Malaysia, it has facilities in Thailand and Indonesia with an annual pet food production capacity of more than 100,000 tons.
The company exports to China, Taiwan, Singapore, Brunei, Thailand, and Indonesia.
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