Business

UK pet food brand Pooch and Mutt has secured a “multi-million pound” investment deal from VAFO group, to help “grow the brand and develop operations in the UK”. According to the brand, the deal sees VAFO taking a “minority share” in the company with the ability to take more over…

Online dog and cat wellbeing business, Paws Holdings, has announced a multi-million-pound investment round backed by high net-worth individuals and family offices to finance its “ambitious” growth strategy.  The group has raised more than £7m in a first round fundraise to achieve its aim to “become Europe’s number one dog…

Pets at Home has announced that Karen Whitworth, independent non-executive director and chair of the audit and risk committee, intends to stand down from her position on 20 May 2021.  According to the company, Whitworth made the decision to resign as she has “decided to accept the role of non-executive…

True Instinct has announced that it is set to rebrand as Nature’s Variety. The relaunch follows the purchase of the Natures Menu portfolio by Spanish dry pet food group Affinity Petcare earlier this year, and will see the Nature’s Variety range aligned with its European counterparts.  Nature’s Variety said its…

Pets at Home has announced that group revenue grew by 5.1% to £574.4m in the half-year ended 8 October 2020, noting that the underlying pet care market remains “in good health” despite the pandemic. While the group saw pre-tax profit fall by 5.1% to £39.6m in the period, down from…

Edgard & Cooper has secured a £16.5m investment and intends to use the funding to support its expansion. The company, which manufacturers sustainable pet food, has expanded over the last two years after launching in Belgium and is now available in 13 additional countries and online.  The pet brand received…

Footfall rose by 6.2% during half-term in the UK, according to the latest data from retail experts Springboard. This is despite a 53.7% footfall decrease in Wales, following the country’s two-week ‘firebreak’ lockdown. Retail park, high street and shopping centre rose by 3.5%, 5.2% and 11% over the period, respectively.…

KatKin has secured £4.5m to encourage healthy nutrition in cats, following seed funding secured by Octopus Ventures. The pet-tech company was founded by Brett and Nikki O’Farrell in 2019, and aims to create the “healthiest cat food in the world”, with a 95% fresh, real meat content and zero fillers…

Pets at Home has enlisted the professional services of OneStock, an Order Management System (OMS) provider, to unify its customer shopping experience. OneStock’s OMS was chosen by the pet retailer to create a “fast and flexible delivery and collection service”.  To fulfil this, the company will offer a one-hour click…

Skinner’s has announced it is purchasing part of Naturediet to form a new “strategic partnership” in a bid to “propel the growth of both businesses.” The pet food company has invested alongside Daniel Masters, managing director of Naturediet, which sees Skinner’s acquiring a majority shareholding and facilitating an exit for…