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.



















































       PWW2021-04_Buch.indb   11                                                                                21.09.2021   15:29:42
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