Petfood manufacturer C&D Foods Group recently acquired Danish private-label company Arovit Acquisitions for an undisclosed amount.
The deal would give the combined petfood company turnover of about €320 million (US$412.9 million) in 2012, according to Philip Reynolds, C&D Foods CEO. The deal is subject to competition clearance in Germany.
“We will hopefully now have a customer base that stretches right across Europe,” Reynolds said.
2 top trends for 2021 according to the pet food industry
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
Shelter pet adoption numbers down in 2020, but high rate
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.