Global investor, L Catterton, has recently declared a strategic investment in Withmal, an up-and-coming veterinary services company in Japan. This move is set to empower Withmal in its expansion efforts within the lucrative Japanese market for veterinary services, leading to an increase in both the quantity and caliber of interactions with pet owners.
In Japan, the veterinary services market is on a steady growth trajectory, characterized by a significant degree of fragmentation. The majority of the nearly 13,000 pet clinics in the country are small-scale enterprises. Withmal is geared towards providing these clinics with opportunities to enhance and elevate the standard of pet care they offer.