Nordics
Musti: more sales in first quarter of 2024 but facing operating loss
The Nordic pet retailer, which has been recently acquired, admits that the results are lower than expected. GlobalPETS learns more.
Finnish pet food start-up to build largest Nordic online retailer
Alvar Pet has recently acquired online player Verkkokauppa Kivuton after securing a capital injection.
Musti makes changes to its board and financial year
The Nordic pet retailer adds 3 new faces to its Board of Directors following the recent business acquisition.
Swedencare posts positive results for 2023 despite market uncertainties
The Swedish pet care firm describes 2023 as a “year of consolidation” in its newly released annual report.
A fantastic journey: Musti’s CEO says he is thrilled for the next chapter after acquisition
Flybird Holding is set to acquire the Nordic pet retailer following the positive result of its tender offer.
Flybird Holding’s tender offer for Musti is expected to be completed by March
Portuguese group Sonae increased the amount that shareholders of the Nordic pet retailer will obtain to €26.10 per share.
Certification is much more than a quality label
As certification schemes become more popular in many industries, experts in the field decode the value of these credentials for the pet sector.
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.
Musti’s stable Q1 witnesses a 4.8% sales growth
Despite a product recall issue in November, the Finnish pet retailer kicks off FY 2024 with stable earnings.
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.
Diving into the fiscal year-end finances of pet firms
While inflation and less consumer spending have resulted in some players trading down their yearly guidance, others are optimistic. GlobalPETS learns more.
First acquisition of 2024: Swedencare takes over US pet treat business Riley’s Organics
The deal, closed by North American subsidiary Pet MD Brands, includes a potential rollout of the brand internationally.
Looking at the pet industry’s new appointments as we step into 2024
From pet insurance to retail, there have been various C-suite changes in the past weeks.
10,000 tons: what we know about the largest insect factory in Northern Europe
The Danish start-up Enorm Biofactory’s plant will start production in February.
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 performance.
Portuguese multinational bids €868 million to acquire Musti Group
Sonae values the Nordic pet retailer's "solid omnichannel proposition.”
BARF pet food: the story so far
The raw pet food sector is rapidly evolving, but there are some key challenges it needs to overcome.
Food and consumables remain strong sales pillars for Musti
The Finnish pet retailer admits the continued volatile trend of discretionary items but is optimistic for the rest of the year.
Swedencare reports strong perfomance of its European portfolio
The pet supplement NaturVet’s European sales jumped in the first 9 months of 2023.
Sky-high inflation: pet supplies taking the hit
The category continues to suffer price hikes, with some countries showing a slight slowdown trend. But how’s the future looking?
