Page 16 - PET worldwide issue 02/2022

News

Aquatlantis secures exclusive Italian pet trade grows by 29 per cent
distribution for Prodibio In the Italian pet sector, sales of 21.5 per cent in the third quarter

pet accessories increased by 29 and finally by 7.5 per cent in the
Aquatlantis France has secured “This partnership strength-
exclusive distribution for prod- ens the position of the Prodibio per cent in value terms last year, fourth quarter.
ucts under the Prodibio brand in brand, a 100 per cent French brand although the last quarter saw Considered over the entire
growth of a “mere” 7.5 per cent. year, dog beds and cushions
France. The product assortment specialising in water condition-
This was revealed in a study by (+66.4 per cent), dog toys (+52
has been available in French retail ing for aquariums,” states Aquat-
outlets since 4 April. lantis France in a press release. the Italian industry magazine Pet per cent) and food for small pets
B2B based on the sales data of such as birds, tortoises, fish
seven leading companies. and rodents (+42.1 per cent)
Protix raises 50 mio euros in equity During 2021, sales of non- achieved the best results. A look
food products increased by 52.6 at distribution channels shows
The Dutch expert in insect-based Protix, which claims to be per cent in the first quarter (as that pet store chains (+31 per
ingredients, Protix, has raised 50 the world market leader in in-
compared with the same period cent) fared slightly better than
mio euros in equity for its interna- gredients from insects, said in a in the previous year), by 43.4 per traditional pet shops (+27.3 per
tional growth. The new funding, press release that it would use cent in the second quarter, by cent).
which comes from the investors the proceeds for further interna-
tional expansion and ground-
Advertisement
breaking R&D. Protix produces
natural and sustainable ingre-
Your animal and us! dients from insects and it farms
Your animal and us!
A good team - for a lifetime.
A good team - for a lifetime.
larvae from the black soldier fly.
The insects are used in various
European Circular Bioeconomy feeds for pets, fish, chickens and
Fund (ECBF), BNP Paribas, the other animals, just as in nature.
Prince Albert II Foundation and Protix has announced that the
The Good Investors, is also sup- next growth phase is all about
ported by existing shareholders global site expansion, building
Aqua-Spark, Rabo Investments new facilities and increasing ca-
and Invest-NL. pacity.

In the Italian pet sector, sales of pet accessories increased by 29 per cent
in value terms last year.

Symrise acquires Wing Pet Food

Symrise, a global supplier of fra- formerly known as Wing Biotech,
grances, flavours, food, nutrition amounted to around 25 mio euros.
and cosmetic ingredients, has Headquartered in Holzminden
signed a purchase agreement for (Germany), Symrise AG utilised
the 100 per cent acquisition of the recovery in trade in 2021 to
Wing Pet Food, a Chinese leader continue its profitable growth and
in pet food palatability enhancers. once more substantially increase
The latter’s portfolio will extend sales and earnings. Group sales
Symrise’s access to the Asia/ increased by 8.7 per cent in the
Protix has been at the forefront of the rapidly developing market for Pacific region (APAC). The 2020 reporting currency to 3.826 bn
insect-based ingredients since its beginnings in 2019. annual sales of Wing Pet Food, euros (2020: 3.520 bn euros).

16 PET worldwide 2|2022

PWW2022-02_Buch.indb 16 04.05.2022 10:14:32