🐾 A Milestone Deal
Fressnapf, Europe’s leading pet supply retailer, has finalized its acquisition of Italian pet store chain Arcaplanet. The European Commission approved the $760M deal on December 6, 2024, following a summer agreement. This acquisition solidifies Fressnapf’s dominance across Europe, expanding its reach to nearly 2,600 stores and boosting annual sales to over $5B. Cinven, the private equity firm that held a majority stake in Arcaplanet, will now join Fressnapf as a minority shareholder, marking a new phase of collaboration between the companies.
🌍 Expanding Footprint
Arcaplanet brings 560 stores to Fressnapf's portfolio, strengthening its hold on the Italian market. The additional $760M in annual revenue adds substantial weight to Fressnapf’s growth ambitions. With an already impressive 2,000 stores and $4.3B in sales, Fressnapf founder Torsten Toeller described the acquisition as critical to realizing the vision of being Europe’s fastest-growing pet supply retailer.
🤝 A Trusted Partnership
The acquisition underscores the successful partnership between Fressnapf and Cinven. Toeller acknowledged the fruitful collaboration during prior ventures, stating, “This deal is a testament to our shared goal of market leadership.” Cinven’s new role as a minority shareholder ensures a continued exchange of expertise and strategic alignment between the two companies.
🚀 Vision for the Future
Fressnapf aims to use this acquisition as a springboard for further expansion. By leveraging Arcaplanet’s strong Italian presence and Cinven's industry insights, the company plans to innovate in pet retailing while focusing on speed and customer satisfaction. This move reinforces Fressnapf's goal to transform pet supplies retailing across Europe, setting new benchmarks in customer experience and operational efficiency.
Will Fressnapf redefine European pet retailing?
