Pet Service Holding N.V. Receives Approval for Listing on Euronext Growth
The board of Pet Service Holding N.V. (Paris: MLPET) announces that its shares will be listed on Euronext Growth from 28 July 2025. The shares are currently listed on Euronext Access+. This important step marks a new phase in the company's growth strategy, aimed at further strengthening its position in the European pet market.
The European pet market is growing rapidly: more than 80 million households have a pet with a name, and spending on pets continues to rise. According to Bloomberg, this growth will continue until at least 2030. Pet Service Holding is responding to this with a strong approach of 'one-stop-shop' for pet products and services across Europe. The company combines veterinary pharmacies, wholesalers, online shops and digital platforms. This enables it to offer the best products and services for pets and their owners, from nutrition and health to smart and innovative solutions.
Over the past year, Pet Service Holding has shown strong growth in both turnover and profit. The company has proven its ability to acquire new businesses in a smart way and integrate them effectively, enabling them to continue to grow within the group. This provides a solid foundation and confidence to continue the buy&build strategy.
The listing on Euronext Growth Paris provides Pet Service Holding with greater visibility and access to growth capital, thus enabling it to further accelerate its development strategy and continue to add value through acquisitions, effective integration, economies of scale and a strong focus on quality and innovation for pets and their owners. In addition, entering continuous trading will provide investors with better liquidity of the share, making it easier to buy and sell Pet Service Holding shares through brokerage companies or trading platforms such as Saxo.
CEO Ron van Veldhoven:
'We are seeing continued growth in demand for high-quality, innovative and sustainable solutions for pets and their owners across Europe. Our listing on Euronext Growth Paris market will enable us to accelerate our growth and acquisitions, thereby creating more value for our shareholders. Thanks to our strong position and approach, we are well placed to participate in the consolidation of this multi-billion-euro market. Many smaller players want to join a larger European group with economies of scale, a clear vision and a focus on quality. We want to be their partner and thus offer value and continuity for all stake holders.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Newsweek
5 hours ago
- Newsweek
Customers Reveal How Bad Service Has to Be to Leave No Tip
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Diners have taken to Reddit to share how bad the service has to be to leave no tip—or a "troll tip" meant to send a message. Reddit user Brandon (u/darkroot_gardner) took to Reddit's r/tipping subreddit to ask, "How bad does the service have to be for you to leave zero tip?" and users didn't hold back. With nearly 400 responses recounting long waits for a check to outright rudeness, customers detailed what pushes them from their usual tipping habits to a complete cutoff. Stock image of tipping in progress Stock image of tipping in progress Photo by AndreyPopov / Getty Images One user described being "eating alone for lunch and the server 'forgot' about me and spent all her time at a table with a large party". After finishing, they said they waited 20 minutes for a check and had to flag down another server. To that comment, another replied they'd tip "1 cent to make a point". For some, it's about the signal: "If service is bad enough for the tip to be zero, the server already knows they messed up. If not, they are in the wrong business," wrote one Redditor. Another agreed, adding, "If I leave a 5% tip, that's pretty much a message that says you suck." Frustration Over Inattention Many explained that inattentive servers were their main gripe. "If I have to wait 15 minutes for water, and 15 minutes for a check after asking for it in a non-busy restaurant... then my tip is going drastically down," wrote one user, who recalled once being the only lunchtime customer and still waiting a quarter-hour for the bill. The debate also drew contrasts between American and European dining. "In America, the servers just drop off the food and run... It ruins the dining experience; it's all about greed. I tip zero now because the system sucks," one user posted. A British commenter, however, shared the opposite complaint, noting that in the U.S., "a lot of servers wouldn't leave my table alone... Much prefer it in Europe, where they are not fishing for tips." Some people have hard lines, with one commenter writing, "The only instance I would tip nothing is if the person giving me service is rude/has an attitude." Another recalled tipping $0 after a server "'accidentally' ran my card for 50% more than my check and insisted that could just be her tip". 'A sort of social obligation' In a message to Newsweek, Brandon explained, "I am generally anti-tipping... While I wish for and advocate for tipping to end and the base wage to be increased to a living wage instead, I still always tip at full-service restaurants and bars, usually around 15%, mainly as a sort of social obligation. "Once or twice a year, I will tip generously (20-25%) when it is a special occasion and the service is excellent." He added, "I wanted to hear what approach others take towards tipping, especially since a 2023 Pew research poll suggested the actual quality of the service might not even be so critical for many people." A Growing Concern Restaurants across the United States often add automatic gratuities, especially for large parties, but these charges are legally distinct from tips. "They can't force you to tip if you make it optional," Bruce McAdams, an associate professor for the School of Hospitality, Food and Tourism Management at the University of Guelph, told Newsweek. "But if you state there is a service charge and add it to the bill, it is legal and the customer is required to pay." Tipping Fatigue Surveys show most Americans would prefer tipping to remain a choice. According to Newsweek, a September 2024 poll found that 73% of respondents wanted tipping to be optional, while only 22% favored making it mandatory. "Unraveling tip culture will be much more complicated than most people imagine," Mary King, editor of The Restaurant HQ, told the publication. Even with "tipping fatigue" on the rise, many service workers depend on gratuities for their livelihoods. As legal experts told Newsweek, mandatory service charges, though often viewed as tips, are considered revenue for the restaurant, not optional bonuses. That distinction is unlikely to end the debate among diners, who, as one Reddit commenter summed up, will "tip $0 by default nowadays," while others insist "outside of physical violence, you're getting at least 20 percent". To read how Newsweek uses AI as a newsroom tool, click here.
9 hours ago
Air Canada suspends operations as flight attendants go on strike
TORONTO -- Air Canada suspended all operations as more than 10,000 Air Canada flight attendants went on strike early Saturday after a deadline to reach a deal passed, leaving travelers around the world stranded and scrambling during the peak summer travel season. Canadian Union of Public Employees spokesman Hugh Pouliot confirmed the strike has started after no deal was reached, and the airline said shortly after that it would halt operations. A bitter contract fight between Canada's largest airline and the union representing 10,000 of its flight attendants escalated Friday as the union turned down the airline's request to enter into government-directed arbitration, which would eliminate its right to strike and allow a third-party mediator to decide the terms of a new contract. Flight attendants walked off the job around 1 a.m. EDT on Saturday. Around the same time, Air Canada said it would begin locking flight attendants out of airports. Federal Jobs Minister Patty Hajdu met with both the airline and union on Friday night and urged them to work harder to them to reach a deal 'once and for all." 'It is unacceptable that such little progress has been made. Canadians are counting on both parties to put forward their best efforts,' Hajdu said in a statement posted on social media. Pouliot, the spokesman for the union, earlier said the union had a meeting with Hajdu and representatives from Air Canada earlier Friday evening. 'CUPE has engaged with the mediator to relay our willingness to continue bargaining — despite the fact that Air Canada has not countered our last two offers since Tuesday,' he said in a email. 'We're here to bargain a deal, not to go on strike.' A complete shutdown will impact about 130,000 people a day, and some 25,000 Canadians a day may be stranded abroad. Air Canada operates around 700 flights per day. Montreal resident Alex Laroche, 21, and his girlfriend had been saving since Christmas for their European vacation. Now their $8,000 trip with nonrefundable lodging is on the line as they wait to hear from Air Canada about the fate of their Saturday night flight to Nice, France. How long the airline's planes will be grounded remains to be seen, but Air Canada Chief Operating Officer Mark Nasr has said it could take up to a week to fully restart operations once a tentative deal is reached. Passengers whose travel is impacted will be eligible to request a full refund on the airline's website or mobile app, according to Air Canada. The airline said it would also offer alternative travel options through other Canadian and foreign airlines when possible. But it warned that it could not guarantee immediate rebooking because flights on other airlines are already full 'due to the summer travel peak.' Laroche said he considered booking new flights with a different carrier, but he said most of them are nearly full and cost more than double the $3,000 they paid for their original tickets. 'At this point, it's just a waiting game,' he said. Laroche said he was initially upset over the union's decision to go on strike, but that he had a change of heart after reading about the key issues at the center of the contract negotiations, including the issue of wages. 'Their wage is barely livable,' Laroche said. Air Canada and the Canadian Union of Public Employees have been in contract talks for about eight months, but they have yet to reach a tentative deal. Both sides say they remain far apart on the issue of pay and the unpaid work flight attendants do when planes aren't in the air. The airline's latest offer included a 38% increase in total compensation, including benefits and pensions over four years, that it said 'would have made our flight attendants the best compensated in Canada.' But the union pushed back, saying the proposed 8% raise in the first year didn't go far enough because of inflation. ___
Business Wire
10 hours ago
- Business Wire
Air Canada-CUPE Negotiations End in Impasse
TORONTO--(BUSINESS WIRE)--Negotiations between CUPE and Air Canada have ended in impasse. Air Canada still refuses to compensate flight attendants for all hours worked. The union has been firm: all safety-related duties should be paid at full hourly rate. Air Canada does not agree. On wages, Air Canada's last offer will still leave flight attendants living below poverty levels for many years to come. We are heartbroken for our passengers. We do not want to go on strike, and we do not want to be locked out, but it is clear that Air Canada has no incentive to bargain. Rather, Air Canada has refused to bargain in good faith due to the likelihood of the federal government using Section 107 of the Canada Labour Code to interfere in negotiations and have a contract imposed by an outside third-party arbitrator.
