UK petfood manufacturer Pets Choice recently completed a buyout deal with German petfood company Tiernahrung Deuerer, which had was previously a supplier to Pets Choice.
The deal between the petfood companies promises "significant investment," according to a report. Some Pets Choice shareholders, including Joseph Davies and Anthony Oppenheimer, who held shares in the company of 22 percent and 17 percent respectively, left the business.
"This buyout will allow us to further build on this growth and success by drawing on the vast experience of both myself and Hans Jurgen Deuerer in the petfood market," said Tony Raeburn, Pets Choice CEO.
The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
Petfood companies who promote their support of causes in their marketing campaigns are staying innovative in these uncertain times
Aunt Jeni's Home Made promotes the health and longevity
of pets with their natural and raw lines of products
The mid-year meeting addressed several regulatory matters affecting petfoods
Public meetings invited comments and provided updates
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
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