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Fresh off the Press! ๐Ÿ—ž๏ธ

Big acquisitions, New cohort, Microchip scandal, The latest partnerships, and much more...

Issue #154

February 14th, 2025

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Quick Hits:

If you missed this weekโ€™s newsletters, click Monday or Wednesday

  • Third acquisition of 2025 - The Nutriment Company (TNC) has expanded into Spain by acquiring Puromenu, a raw pet food producer.

  • Meet the latest cohort - Mars-backed Leap Ventures has chosen 6 new pet startups into their latest cohort.

  • Slaying the Dragon - Omni, the UK Vegan dog food brand received a ยฃ75K investment from 2 dragons (thatโ€™s British for sharks).

  • Doubling Down - Nestle is expanding its $20B pet food category.

  • Acquisition - Custom Veterinary Services just acquired Green Mountain Animal.

  • Shining the portfolio - Pet Food Experts adds 3 new pet nutrition brands to their distribution portfolio.

  • A focus on efficiency - Petfolk has partnered up with CoVet to create innovation through AI-powered solutions.

  • New facility - Kormotech, one of the worldโ€™s leading pet food producers has started constructing a $62 million facility in Lithuania.

  • Novonesis & Euronext - Have agreed to dissolve the Feed Enzyme Alliance and take over its sales and distribution activities, in exchange for a total cash consideration of โ‚ฌ1.5bn (US$1.55bn).

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