Page 12 - PET worldwide issue 01/2023

News

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Woolworths Group enters the pet New study on dog food
supplies business Researchers from the University of has a positive effect on the micro-

Advertisement Copenhagen and multiple Danish biome, it contributes to mildly im-
The Sydney-based Woolworths Your animal and us!
Group has entered into an agree- A good team - for a lifetime. veterinarians and professionals proved faecal quality, and it has a
ment to acquire a 55 per cent eq- have recently published a new mild cholesterol-lowering effect.
study about the effect of Entero- The study was commissioned by
uity interest in Petspiration Group,
coccus faecium (a gut flora stabi- Bacterfield, whose ProBiotic Live
a leading Australian and New Zea-
land speciality pet retailer, for a ness and continue as CEO and liser (probiotics)). The researchers Dog Adult product contains Ente-
cash consideration of 586 mio managing director respectively, found that this gut flora stabilser rococcus faecium.
Australian dollars (approx. 401.7 running Petspiration as a stand-
mio US dollars). Petspiration is the alone business with Woolworths Woof Gang Bakery expands into
owner and operator of leading pet Group under a separate board and Canada
brand Petstock and has a network governance structure.
of 276 stores, established e-com- Woolworths Group, consid- The leading pet service franchise Grooming says its mission is to
merce platforms such as Pet.co.nz ered the largest company in Aus- company Woof Gang Bakery & be the world’s largest neighbour-
and a strong own brand range. tralia by revenue, owns the big- Grooming aims to expand into hood pet store network. The com-
Petspiration bosses Shane and gest supermarket and grocery Canada with opening of its first pany operates 200 open or devel-
store in the Greater Toronto oping centres in 18 states across
David Young (and other existing store chain in the country, with
shareholders) will retain a 45 per around 3 200 stores across Aus- Area. The retailer has plans to the United States, offering luxury
cent equity investment in the busi- tralia and New Zealand. open 200 branches across the spa services, gourmet treats and
country. Woof Gang Bakery & premium pet nutrition.

Petspiration founders David (left) and Shane Young and other existing
shareholders will retain a 45 per cent equity investment in the business Woof Gang Bakery & Grooming operates 200 open or developing centres
and continue as CEO and managing director respectively. in 18 states across the United States.

Coveris opens recycling centre

The packaging company Coveris, Plastics Blaenavon in Wales. CVP projects in the pipeline and in-
based in Austria, has opened a is an established PE recycler, tend to establish an autonomous
new business unit called Recover. which processes post-consumer business unit devoted entirely to
Recover will operate as an autono- and post-industrial waste through the circular economy in the next
mous company and supply Cov- mechanical recycling to produce few years,” stated Coveris CEO
eris sites and third parties inde- primarily construction foils. Jakob A. Mosser.
pendently with recycled materials, “With Recover we are getting
according to the company. To this a process unique throughout the
effect, Coveris has acquired the packaging sector off the ground. For Coveris CEO Jakob A. Mosser,
the newly acquired site is the
site and facilities of Capital Valley We have a number of important perfect start for Recover

12 PET worldwide 1|2023

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