Global pet industry news and analysis.
Tianyuan Pet's RMB 640M acquisition of Guangzhou Taotong Technology passed SZSE M&A review on 9 September 2026. The deal, which would lift Tianyuan's stake to ~99.71%, still needs CSRC registration.
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Fredun Pharmaceuticals has acquired Furlicks, an Indian pet wellness brand offering oral-strip supplements for dogs and cats, from USV and Wellbeing Nutrition. The company plans to launch 44 new SKUs and build a broader pet wellness platform.
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Chewy closed its $400M Modern Animal acquisition in Q2 FY2026 and posted net sales of $3.33B (+7.3% YoY), driven by Autoship at 84.6% of revenue, active customers at 21.7M (+3.8%), and AI assistant Kai resolving 30% of chat volume. Management raised FY2026 guidance to $13.46–$13.57B but flagged a soft US pet market with no consumer recovery.
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Hangzhou Tianyuan Pet Products (天元宠物, SZSE: 301335) will appear before the SZSE M&A Review Committee on September 9, 2026 seeking approval for its RMB 640 million acquisition of 89.7145% of Guangzhou Taotong Technology (淘通科技), an e-commerce operator serving Mars Wrigley, PepsiCo, Nestlé, and Royal Canin. Fosun Happy Purchase will exit its 43.97% stake entirely in cash.
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Four strategic pet industry deals in September 2026: Pets Choice acquired Pettex Aquatic, Paramount Retail Group sold Vital Pet Group to SPL Group, Boehringer Ingelheim acquired Swiss biotech Evax for equine vaccines, and Ever After Foods acquired Belgian Fishway for cultivated protein in premium pet food.
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Blue Sea Capital acquired a majority stake in CompletePet, a U.S. pet supplement contract manufacturer with facilities in Miami, Florida, and Milton, Vermont, providing outsourced formulation and manufacturing across soft chews, oils, powders, and dental products for pet wellness brands.
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Woolworths Group acquires 55% of Petspiration Group (PETstock) for A$586M, entering Australia's $10B specialty pet sector. Founders retain 45% and continue leadership.
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H.I.G. WhiteHorse arranged EUR120M ($140.3M USD) financing for Nasta Pet Food to acquire Canada's FirstMate Pet Foods, creating a cross-continental premium pet food group targeting EUR200M revenue in 2026 with 49,000 tons combined capacity.
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Woolworths Group has agreed to acquire a 55 percent stake in Australian specialty pet retailer Petspiration Group for approximately A$586 million, with founders Shane and David Young retaining 45 percent. The deal gives Woolworths control of the PETstore retail chain, e-commerce platform and supply chain in a $10 billion Australian specialty pet sector.
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Central Garden & Pet (NASDAQ: CENT) announced the acquisition of 80% of TRIXIE, Europe's largest pet supplies company, for up to €400M, while reporting Q3 FY26 revenue of $882M (+2.4% organic) and EPS of $1.45. The deal transforms Central into a transatlantic branded pet accessories wholesale powerhouse. CFO Brad Smith presents at KeyBanc on September 1.
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Pluri subsidiary Ever After Foods acquires Belgium's Fishway BV and raises a $2M SAFE, adding European cultivated-seafood capabilities with downstream pet-food ingredient potential.
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Woolworths Group acquires 55% of Petspiration Group (PETstock) for A$586M, creating Australia's largest integrated pet retail and services platform.
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Bansk Group agrees to acquire pet health company PetIQ for $1.5 billion in cash, a 51% premium, as private equity continues to bet on pet wellness infrastructure.
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Czech pet food giant VAFO Group acquires Berlin-based premium D2C brand Pets Deli, gaining a digital consumer platform in Germany's pet food market.
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Cotecnica acquires Italian premium pet food maker Life Pet Care, adding €40M in revenue and expanding its Southern European manufacturing footprint.
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The Farmer's Dog agrees to acquire enrichment brand Woof, combining human-grade fresh food with refillable wellness devices like the Pupsicle.
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Four M&A deals reshape veterinary care and diagnostics: Bond Vet-Small Door merger creates 55+ clinic US network, Zoetis acquires VitalRADS teleradiology, VetPartners buys 46 Spanish clinics, Viyash/Alivira acquires Italy's BioForLife for $19.5M.
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RCL FOODS acquires South African pet food manufacturer Martin & Martin for R695M (US$41M), adding Bob Martin, Husky, Pamper and Beeno brands plus wet food, treats and pet care capabilities to its previously dry-food-only pet portfolio.
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