Pet food market mergers and acquisitions in October
Learn the latest news on mergers and acquisitions in the pet food industry
From Petfood Industry:
Find out about merger and acquisition activity in the pet food industry in October.
Novozymes has acquired Pacific Vet Group-USA Inc. (PVG) for an undisclosed amount. Based in Arkansas, PVG develops and produces probiotics for animals. The company has significant know-how in probiotic applications for poultry, strong development expertise, a pipeline for the poultry hatchery segment, and a smaller commercial product portfolio.
Merger talks between PetSmart Inc. and Petco Holdings Inc. have stalled because of disagreements over antitrust risks, according to a report.
Continuing on its path of international expansion, Wondelgem, Belgium-based pet supplies specialist Laroy Group reached an acquisition agreement with Dutch group Europet Bernina International (EBI) on October 21, 2015.