Portuguese retailer Sonae is main a gaggle of traders who has filed a proposal price €868 million (US$936 million) to take over Finland’s pet care specialist Musti Group.
“As a part of the technique to develop and internationalize its retail portfolio, Sonae has determined to strengthen its presence within the pet care retail sector by way of the acquisition of Musti, the place it already holds a minority place constructed over the previous few months,” Sonae stated in an announcement.
“The takeover bid values the corporate at €868 million, by way of fairness and is made collectively with two administrators and the CEO of Musti,” stated the Portuguese retailer.
Musti Group describes itself because the main Nordic pet care specialist which operates in Finland, Norway and Sweden.
Omni unveils partnership to spice up European gross sales, put together new merchandise
UK vegan pet meals enterprise Omni introduced it’s getting into right into a partnership with Europe’s largest pet meals retailer, German firm Fressnapf. The producer can be getting ready to launch a brand new product vary subsequent yr, in keeping with a senior firm consultant.
“Fressnapf has greater than 1,400 shops in Europe,” the pet meals enterprise stated in an announcement. “Omni plant, yeast and algae protein pet food merchandise will initially be accessible to Fressnapf’s large buyer base on-line which is a large endorsement and push into the mainstream for the pioneering health-first and sustainable British model.”
In keeping with Omni, the merchandise accessible on Fressnapf are Omni’s dry life stage diets tailor-made for pet, grownup and senior canine together with its standard purposeful treats comparable to Peaceable Canines, Supported Joints and Delicate Tummies.
The most recent improvement comes amid a fast enhance within the firm’s gross sales. The pet meals enterprise stated since January 2023, it has managed to ramp up its gross sales by greater than 70%.
Man Sandelowsky, a cofounder of Omni, instructed Petfoodindustry.com in an announcement that the corporate is readying to roll out new merchandise in 2024.
“Subsequent yr, we shall be launching our revolutionary, one-a-day delicate chew complement vary formulated to focus on particular well being issues like joint ache and separation nervousness, as soon as once more with out utilizing any animal substances,” Sandelowsky stated.
Omni produces its moist meals within the Netherlands and Poland. It stated it is focusing efforts on increasing gross sales in Germany, The Netherlands, France, Italy and Switzerland.
Polish poultry meat producer to spice up provides as new pet meals manufacturing facility below building
Poland’s poultry meat producer KPS Meals is planning to extend its manufacturing capacities in relation to a brand new pet meals manufacturing facility that’s at the moment below building by United Petfood.
Final September, the pet meals firm launched its venture to open a brand new manufacturing facility in Jedlińsk, in Poland’s central area of Mazovia, the place the enterprise plans to make premium pet meals.
“The premium section of the pet meals market is creating, as demonstrated by the rising consciousness of homeowners with respect to [their] pets’ diet,” Jarosław Krzyżanowski, the chief government of KPS Meals, instructed native enterprise information website Dlahandlu.pl. “For KPS Meals, this represents one other discipline during which we will use our uncooked supplies and optimize poultry meat manufacturing.”
“The multidimension improvement of KPS Meals outcomes with a strengthening within the firm’s place, which permits us to consider additional investments,” continued Krzyżanowski. “We have already got [such] plans for 2024.”
KPS Meals operates a manufacturing facility in Pionki and Radom, in shut proximity to Jedlińsk.
