Page 11 - PET worldwide issue 04/2021
P. 11
H&H acquires Zesty Paws
The US pet supplement supplier continue its expansion into pet to customary closing conditions able to operate independently.
Zesty Paws, which is headquar- health and wellness, is subject and is a full takeover of the pri- H&H regards the acquisition as
tered in Orlando, has entered into vately-owned Zesty Paws busi- a strategic opportunity as the
an agreement for acquisition by Advertisement ness. company builds its Pet Nutrition
Health & Happiness (H&H) Group Zesty Paws points out that it & Care (PNC) division as a third
.de
International Holdings. .de will benefit from H&H’s expertise pillar alongside its existing busi-
The acquisition, which sig- ... natural healthy! and resources to further drive ness segments of adult nutrition
nals the group’s intention to the brand’s growth while being & care and baby nutrition & care.
New ownership Sales up at Pets at Home
The UK-based livestock and aquatic support those colleagues who are The UK pet store chain Pets at by 29.1 per cent, with growth in
product supplier Tropical Marine retiring. Celebrating its 50th year Home reported a dynamic sales sales of both food and accesso-
Centre (TMC) has transferred full of trading last year, TMC has been trend in the first quarter, in which ries, both in store and online.
ownership of the business to the one of Europe’s leading suppliers the group’s overall sales increased The veterinary medicine busi-
management team with the support of marine fish and invertebrates by 25.7 per cent to GBP 377.8 mio ness continued to grow, and cus-
of a GBP-3-mio management buy- since 1970. The business imports (approx. 442 mio euros). tomer sales in the First Opinion
out facility from HSBC UK. The fa- more than 1 800 species sourced In the 16 weeks up to 15 July, practices increased by around
cility, which forms part of a wider from 100 different supply lines sales on a comparable store 30 per cent in a two-year com-
seven-figure deal, has enabled the around the world and supplies area rose by 30.2 per cent, and parison. The number of profitable
company not only to take owner- retailers and businesses across by 29.4 per cent on a two-year practices increased further, ac-
ship of the business but also to 50 countries. basis. Retail sales increased cording to Pets at Home.
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