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). [...]
Symrise reveals last year’s success in pet sector
Due to a “good profitability“, the Symrise group recorded sales of €4.6 billion ($4.85B) last year an increase of 20.7% compared to the previous year. The Taste, Nutrition and [...]
Insuranks reveals study results on US pet ownership
The Israeli online marketplace to compare insurances „Insuranks“ has published the new study on American pet owners covering the overall pet ownership and purchasing behaviors. According to the the [...]
Christoph Hubo new head of German subsidiary – BEAPHAR
Christoph Hubo has taken over the position as head of the German subsidiary of Beaphar in Emmerich am Rhein, succeeding Joachim Kniest. Hubo can look back on 25 years [...]
Vet-AI obtains investment by partners Hill’s and Correlation One Holding
According to an announcement by the British vet technology company Vet-Al, the enterprise received a joint investment of its partners Hill’s Pet Nutrition and Correlation One Holdings. Since Vet-Al [...]
Swedencare sales blow up
The pet healthcare business Swedencare reached 377.7M (€35.9M / $37.3M) in the first three months of 2022. This marks an increase of 182% compared to the previous year. According [...]
Swedencare concludes acquisition of Italian Innovet
Swedencare completes the acquisition of Innovet, that alleges to be one of the leading companies in Italian pet sector. Innovet, founded in 1996 and mainly presenting itself online and [...]
The SantéVet Group aims to be in the fore of European health insurance market
Leaded by its majority stakeholder Columna Capital, the French pet health insurance company aims to become the Europen leader in pet food industry. “This fundraising allows us to take [...]
Swedencare generated record breaking revenue
The Swedish company of pet health care products, Swedencare, published its net sales of 2021 to the amount of SEK770.4 million (€72.8M / $82.7M). Swedencare could increase its operating [...]
JAB enters pet industry – two new acquisitions for pet insurance
JAB got a giant step closer in building a petcare platform: After making public that the investment company is searching for a $5 billion fund to make acquisitions, JAB [...]