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