Page 40 - PET worldwide issue 02/2022
P. 40

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           Together with Fressnapf, Arca-
           planet will significantly strengthen   Green light for the new
           its already dominant position in
                                      Arcaplanet Group
           the Italian pet retail market.





                                      Although Arcaplanet and Fressnapf are to be permitted to
                                      merge, they must part with up to 70 of their stores. Shortly after
                                      the competition authority delivered its verdict, Arcaplanet had

                                      to appoint a new CEO, after company founder Guiseppe
                                      Foppiani decided to leave the company.


                                      The decision of the competition   the argument that the merger   giving any further information.
                                      authority announced in March   between Arcaplanet and Fress-  Fressnapf had only announced
                                      seems likely to bring the months   napf could jeopardise competi-  the integration of its 144 Maxi
                                      of wrangling over the merger   tion in the pet supplies sector.   Zoo stores in Italy into the net-
                                      of Arcaplanet and Fressnapf to   The stores to be relinquished are   work of the Italian specialist re-
                                      a close. Now operating around   located mainly in northern Italy.   tail group Arcaplanet.
                                      500 stores, the new group will   Only days before the AGCM’s
                                      duly reshape the Italian pet sup-  detailed explanation of its deci-  New CEO
                                      plies market and contribute to its   sion appeared in the latest bul-  A few days after the competition
                                      further consolidation.     letin, Fressnapf had reported   authority gave its final decision,
                                        The competition authority,   the fundamental approval of the   the Italian trade magazine Pet
                                      AGCM, justified its ruling that   competition authority on its web-  B2B reported that Michele Fop-
                                      the new Arcaplanet Group must   site (see PET worldwide newslet-  piani, founder of Italy’s leading
                                      shed up to 70 of its stores with   ter dated 10 March), but without   pet store chain Arcaplanet in



           40                                                                                         PET worldwide 2|2022




       PWW2022-02_Buch.indb   40                                                                                04.05.2022   10:15:42
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