Belgium-based United Petfood broadcasts the acquisition of its first plant within the Nordics as a part of its deliberate progress technique.
United Petfood stated a share buy settlement has been signed for the acquisition of Important Petfood Group‘s (VPG) plant in Ølgod, Denmark.
Primarily based in Denmark, Important Petfood produces dry and semimoist meals for cats and canine. Its different manufacturing unit is predicated in Aarhus.
The supposed acquisition nonetheless must be accepted by the Danish Competitors Authorities.
“Because of the acquisition of Important Petfood Group, our community of manufacturing websites will be capable to supply flexibility and brings our manufacturing increasingly more nearer to our clients additionally within the Nordics,” stated the administration of United Petfood in a press release.
Mika Holappa, Nordic Pet Care Group CEO famous there was plenty of consolidation inside the pet meals manufacturing business throughout the latest years.
“We wished to discover a new proprietor to proceed growing our petfood manufacturing in the long term,” stated Holappa. “This divestment permits us to focus and additional strengthen our branded companies inside Nordic Pet Care Group.”
Being one of many main European producers of pet meals, United Petfood was an apparent alternative of accomplice and new proprietor of VPG, stated Holappa.
“We’re assured that VPG will profit from United Petfood’s European buyer footprint as properly intensive expertise with working a number of pet meals manufacturing websites,” stated Holappa. “Moreover, we count on United Petfood to have the ability to make the most of VPG’s robust place within the Nordics and the Danish market, specifically.
“We look ahead to proceed and increase the collaboration with United Petfood and carry on producing Greatest Pal merchandise on the Ølgod manufacturing unit for the years to come back”, he added.
United Petfood’s latest acquisition streak
In accordance with Petfood Trade’s Prime Firms Present Knowledge, United Petfood makes a speciality of non-public labeling dry pet meals, moist pet meals, treats and snacks. The Belgian household enterprise operates 19 pet meals manufacturing services in 8 international locations and sells in additional than 80 international locations worldwide.
In December, the firm acquired Dutch firm De Haan Petfood, positioned in Nieuwkoop, the Netherlands, which specializes within the manufacturing of moist canine and cat meals within the type of high-quality meat chunks in gravy.
In February 2023, the corporate acquired a stake in Turkey-based Lider Pet Meals, which stays independently managed. Lider Pet Meals was established in 2009 in Salihl, Turkey. The corporate’s annual income in 2021 was US$98,000,000, in keeping with Petfood Trade’s Prime Firms Present Knowledge.
In November 2022, United Petfood acquired dry canine and cat meals manufacturing services of Cargill in Krzepice, Poland and Karcag, Hungary. The 2 websites produce dry pet meals for cats and canine. Cargill retains possession of its pet meals manufacturers and can proceed to offer a portfolio of its branded merchandise.
