Page 10 - PET worldwide issue 2/2021

News

Coronavirus drove up Keto Natural raises 2 mio dollars
Hornbach sales
The US-based dog food start-up Schulof said that much of the in-
The internationally active Horn- In Germany, the net sales of Keto Natural Pet Foods has se- vestment will be spent on mar-
bach Group enjoyed a successful Hornbach Baumarkt AG includ- cured 2 mio dollars in seed fi- keting. The company also intends
fiscal 2020/2021 (1 March 2020 ing online retailing grew by a nancing. The transaction was led to expand its product line, grow
to 28 February 2021) thanks to hefty 18.2 per cent to 2.654 bn by Chicago-based fund Corazon its team and invest in new scien-
the coronavirus pandemic. Net euros (previous year: 2.245 bn Capital. Company founder Daniel tific work.
sales in the Hornbach Holding euros). Like-for-like growth was
Group increased by 15.4 per cent 18.6 per cent (previous year: 6.5
to 5.456 bn euros. The Hornbach per cent). Good ranking for Kika Group
Baumarkt division, with 161 DIY In the eight countries in
The most visited job portal in Lith- Lithuania. “Our employees are
stores and garden centres (as which it operates outside Ger-
of 28 February) as well as on- many, the Hornbach Baumarkt uania, CVbankas.lt, has compiled proud to be part of Kika Group,” re-
line shops in nine countries and division saw sales growth of the ranking of the most attractive ports a company spokeswoman.
two speciality stores, increased 12.8 per cent to 2.463 bn euros Lithuanian employers: “Labour She emphasises that at Kika they
its sales by 15.6 per cent to 5.117 (previous year: 2.183 bn euros). Market Leaders 2020”. are constantly looking for ways
bn euros. Following adjustment for Adjusted for currency effects, Kika Group, the leading pet to improve, are very dynamic in
currency translation effects, like- Hornbach’s like-for-like sales in store chain in the Baltics, has their approach and always strive
for-like sales of the DIY stores and the rest of Europe increased by been ranked 23rd among the top for original solutions.
garden centres across the group 10.8 per cent (previous year: 8.9 30 most attractive employers in
rose by 14.7 per cent. per cent).

Exclusive partnership

Mühldorfer Nutrition has entered clusive assortment ranging from
into an exclusive partnership with collars and leashes via harnesses
Red Dingo, the globally active and bowls to high-quality pet toys.
manufacturer of Pet Adventure. The products are extremely sturdy
With the products of this company, and designed to complement the
the firm from Mühldorf, Bavaria, active lifestyle of every pet, ac-
offers pet product retailers an ex- cording to Mühldorfer Nutrition. Kika Group has been ranked 23rd among the top 30 most attractive
employers in Lithuania.

Petco increases net sales

Petco has reported that fourth- rable-store sales also increased
quarter net sales increased by by 11 per cent, according to a
16.5 per cent to 1.3 bn dollars, company press release.
driven by comparable sales The retailer expects net sales
growth of 17 per cent. in the year ahead to increase by
For the full year, the pet re- up to 8.7 per cent year over year
tailer reported an increase in net to 5.35 bn dollars at the higher
sales of 11 per cent year over end, or 5.25 bn dollars at the
Mühldorfer Nutrition is based in Mühldorf, Bavaria. year to 4.9 bn dollars. Its compa- lower end.

10 PET worldwide 2|2021

PWW2021-02_Buch.indb 10 06.05.2021 11:36:44