M&A

Both US companies are expanding their portfolios through acquisitions focused on dog enrichment, wellness products and advanced pet nutrition.

The Czech group plans to combine the German firm’s D2C position with its manufacturing and R&D capabilities to drive growth.

The TRIXIE deal is set to boost sales while expanding Central’s international footprint as the US player offsets the impact of exiting pet distribution.

The Spanish cooperative enters the Italian pet food market with Life Pet Care, while Gimborn strengthens its cat litter portfolio through a majority stake in Cerberus.

Bond Vet, Zoetis and VetPartners are among the companies driving a new wave of consolidation across the pet health industry.

The UK company acquired natural pet food brand Forthglade, while Belgian manufacturer United Petfood secured a 50% stake in German wet food producer SmartPetPro.

With declining acquisition multiples and slower deal activity, public listings are becoming a more attractive route for investors and founders.

The German pet supplier tells GlobalPETS it sees an opportunity to strengthen its sourcing, product development and logistics capabilities and expand its presence in the US market.

Outward Hound, Musti Group and Pet Media Group are among the companies investing in their next phase of growth.

Economists expect growth to be uneven, driven by AI expansion. In the pet sector, strong fundamentals and adoption rates will likely boost investments.