ALTIUS, a veterinary company based in Bucharest, has purchased a 60% majority stake of the online retailer PetMart, hoping to develop “new synergies for a project that will bring important benefits for the veterinary actors and animal owners alike.” The company has 23 years of experience in providing premium veterinary solutions to phrmacies.
PetMart, founded in 2008, will further mange the platform and intends to extend its customer base, products and services through the investment. In 2021, the company recorded a turnover of RON20 million (€4M), an increase of 15%.
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