Page 10 - PET worldwide issue 03/2021

News

Pet Food Experts acquire distributor Euromonitor expects a sharp
rise in prices
Pet Food Experts, a leading US- California, Nevada, Arizona, and
based distributor of pet food and Hawaii with a broad assortment The market research company Eu- income brackets in particular are
supplies, has announced the con- of high-quality pet foods and pet
romonitor International expects spending a growing amount on
clusion of an asset purchase supplies.
that the price of dog and cat food their pets.
agreement under which Pet Food Marking its largest transac- will rise globally in the next few During the coronavirus pan-
Experts will acquire the operating tion to date, the acquisition will years by at least 4 per cent per demic, the market researcher has
assets of California-based United advance Pet Food Experts’ po- year. Jared Koerten, who is respon- seen strong sales growth in pet
Pacific Pet, a regional distributor sition as a leading distributor of sible for the pet supplies sector at products especially in the USA,
of pet food and animal care prod- pet food and supplies in the US
the company, made this comment Canada and Europe. The Asia-
ucts. Founded in 1918 in Colton, servicing over 6 000 independ- in a webinar that was reported on Pacific region, on the other hand,
California, United Pacific Pet ent retailers from its six distribu- in several media channels. which has been a growth driver
currently serves approximately tion centres across 38 states. One reason cited by Koerten in previous years, has not proved
1 500 independent pet retailers The transaction is subject to cus- for the price increase is the trend as dynamic as before the corona-
and pet professionals throughout tomary closing conditions.
above all towards premiumisa- virus crisis, either in terms of an
tion of pet food. It has been ob- increase in the pet population or
New acquisition served that consumers in higher- with regard to pet product sales.

The meat and pet food producer pany’s annual turnover. The deal
Tyson Foods is selling its pet treat covers brands such as Nudges,
business to the General Mills True Chews and Top Chews along
Group. According to a press re- with a production plant in Iowa
lease by Tyson Foods, General and 300 employees. US compe-
Mills is paying 1.2 bn dollars, tition authorities have yet to ap-
equivalent to five times the com- prove the deal.

Prins Petfoods supports the trade

To support its retail partners and
increase their visibility during
the coronavirus crisis, Dutch pet A strong trend towards premium products is currently driving the global
food producer Prins Petfoods has pet supplies business.
launched the campaign “Zij staan
voor je klaar” (“They are there for Duravant acquires Votech
you”).
Together with an accom- Duravant, a global provider of engi- Votech will join forces with
panying text, the image will be neered equipment and automation Fischbein International, a Du-
published across various so- solutions to the food processing, ravant operating company, to
cial media channels and printed packaging and material handling serve the global customer base.
in newsletters. The message sectors, has announced the acqui- The combination of Votech’s ex-
of the Prins campaign is that sition of Votech, a leading manu- pertise in bag management and
pet shops, dog schools, animal facturer of bag-filling machines, palletising and Fischbein’s port-
shelters, pet grooming stations, palletiser machines, stretch-hood folio of bag-sealing and sew-
breeders and dog walkers con- machines and pallet transport sys- ing equipment creates a com-
Prins Petfoods wants to support
its retail partners with a striking tinue to stand by their customers tems headquartered in Reusel in plementary fit between the two
solidarity campaign. with good advice. the Netherlands. companies.

10 PET worldwide 3|2021

PWW2021-03_Buch.indb 10 07.07.2021 13:46:59