Fressnapf, Europe’s leading pet retailer, has acquired Arcaplanet, Italy’s top pet retail chain, expanding its network by over 560 stores to approximately 2,600 locations across key European countries. This move increases Fressnapf’s presence in Italy and strengthens its pan-European footprint, with a combined turnover exceeding €700 million. Additionally, private equity firm Cinven has joined Fressnapf as a strategic partner with a minority stake, aiming to support the company’s European growth agenda. The collaboration builds on an established relationship to further Fressnapf’s expansion strategy.
Fressnapf Acquires Arcaplanet, Strengthens European Pet Retail Leadership
KoehlerC2024-12-10T20:08:13+01:00December 10th, 2024|Categories: European, General, Italy, Retail|Tags: Arcaplanet acquisition, Cinven partnership, European Commission approval, European growth strategy, European pet retail, Fressnapf, Fressnapf Holding SE, Italian pet market, pet retail turnover, Pet Store Expansion|