US pet food sales increase attributed to price rise
The US pet food industry sales increase from 2022 to 2023 can be ascribed to rising prices since the retail volume of pet food remained steady. Cascadia Capital analysed [...]
EU regulation on labeling organic pet food modified
According to a latest announcement, the Council of European Union has agreed with the European Parliament on labelling pet food with mostly organic ingredients with the EU’s organic production [...]
Maxi Zoo Ireland presents new Future Store
Maxi Zoo Ireland has established a new Future Store at the latest state-of-the-art levels in Naas. „We see ourselves not only as a retailer but also as a care [...]
Mars Petcare announced new investments and changes in management team
Mars Petcare has announced new plans of the company regarding new investments and new appointments. In order to boost Mars Petcare and Royal Canin, the pet food manufacturer intends [...]
Josera expands with new dry food facility in Poland
Josera, a pet food manufacturer from Germany, builds a new dry food plant in Nowy Tomysl in Poland. The company has already held a ceremony for the groundbreaking and [...]
Ÿnsect announces the first chip for insect breeding
According to an announcement on 6 June, Ÿnsect has developed a genotyping chip, Axiom® YNS_Mol1, for insect breeding. Dedicated to find more sustainable solutions for food and pet food [...]
New CFO appointed at Nestlé
Anna Manz was appointed Nestlé’s new executive vice president and chief financial officer succeeding François-Xavier Roger, who leaves the company after 8 years. “I am very proud to have [...]
Report on inflation rate in the Eurozone
According to the latest report of the Eurostat statistical office in Luxembourg, the inflation rate in the Eurozone decline from 7% in April to 6.1% in May. After a [...]
Symrise places final bid for Swedencare
After having acquired 30% stake at the company, Symrise has bid SEK37.50 (€3.23/$3.46) per share for Swedencare for a final time. The company was though valued SEK5.9 billion (€508.6M/$543.77M). [...]
Zooplus announced new appointments
According to a recent announcement of Europe’s leading pet supplies platform Zooplus, Anja Honnefelder and Carlo Guagnano were appointed as new chief people officer and chief sales officer. Honnefelder [...]