Page 12 - PET worldwide issue 03/2021

News

Tom & Co opens 130th shop Purina increases production
in Belgium of cat treats

The Belgian pet store chain Tom tion in the Flanders region in the Nestlé Purina Petcare has an- mated production process. It is
& Co has now opened a new lo- north of the country. It is managed nounced the completion of a one of several active expansion
cation in Kontich. This opening by franchisee Johan Wellens, who 19-million-dollar expansion pro- initiatives at the company’s pet
brings the number of locations also runs the shops in Berchem ject in Dunkirk, New York (USA). care facilities across the United
to 130 shops across the country. and Knokke. A completely new This is to increase production States. A total of 2 bn dollars is
Kontich is a Belgian municipality building with an area of 665 m² capacity for Fancy Feast Savory being committed to Purina’s US
in the Flanders region with 21 115 was built in Kontich. A grooming Cravings, a new cat treat. pet care operations and the cre-
inhabitants. It is located in the Ant- salon and a dog washing facility The expansion features a ation of more than 900 jobs by
werp metropolitan area. The new are also offered. new fully customised and auto- 2025.
shop in Kontich is the 38th loca-

Chewy reports 30 per cent

Fediaf hosts second virtual AGM net sales gain

Fediaf’s second virtual annual sitioned and adapted in the first The online pet retailer Chewy re-
general meeting on 17 June was five and a half months of trade ports that first-quarter net sales
attended by over 180 participants on both sides of the pond. Fi- have grown by 31.7 per cent to 2.1
from 21 countries. In addition to the nally, Dr Wolfgang Trunk from bn dollars. The active customer
presentation of the 2021 annual the Animal Nutrition and Health base grew by 4.7 mio from last
report and a new strategy for 2022 Unit gave an overview of the lat- year to reach 19.8 mio, while
to 2025, Fediaf president Annet est legal developments affecting net sales per active customer in-
Palamba also welcomed expert the pet food industry. creased by 8.7 per cent year on
speakers on core topics such as Fediaf secretary general year to 388 dollars, according to a
sustainability and global trade. Raquel Izquierdo de Santiago company press release. Chewy’s
The highlight of the event concluded by emphasising: “Af- net income grew by 180.9 per cent “Over the last two years, Chewy
has grown its customer base by
was the round-table discussion ter today’s inspiring presenta- to 38.7 mio dollars from a loss of 8.4 mio, or 75 per cent,” says CEO
on Brexit - the first 150 days. tions, it is clear that the pet food 47.9 mio dollars last year. Sumit Singh.
Moderator Dr Monika Prenner, industry is already positively en-
chair of Fediaf’s Feed and Trade gaged in global discussions on
Working Group, explained how facilitating trade and working to- Pet Valu to go public
the pet food industry has tran- wards a greener future.”
Pet Valu Holdings, one of Cana- two decades. As is typical for a
da’s largest pet food and acces- preliminary prospectus, the com-
sory stores, is going public. In a pany did not disclose how many
move aimed at reducing its debt shares it is looking to sell, nor did
load, the company has filed a pre- it set a price range for the public
liminary prospectus announcing offering.
it has applied to list its shares on This will be Pet Valu’s second
the Toronto Stock Exchange. This time tapping public markets after
has been reported by Canadian it was taken over by Roark Capi-
news portals. tal Group, an Atlanta-based pri-
Pet Value has said that it vate equity firm, in 2009 for 144
plans to double its store count mio dollars, according to Cana-
Fediaf’s second virtual annual general meeting took place on 17 June. across Canada over the next dian publisher Baystreet.ca.

12 PET worldwide 3|2021

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