Latest news with #PetServiceHolding
Yahoo
3 days ago
- Business
- Yahoo
Pet Service Holding Strengthens Its Position in the Pet Market With Acquisition of Petlux
ZAANSTAD, Netherlands, August 12, 2025--(BUSINESS WIRE)--Regulatory News: Pet Service Holding N.V. (PSH), listed on Euronext Growth and a leading player in the Dutch pet industry, announces that it has acquired a majority stake in Petlux B.V., a fast-growing and innovative company focusing on premium pet products and services. Petlux is a Dutch company that has evolved from a webshop into a supplier for multiple retail chains across Europe, ranging from Pets Place in the Netherlands to Mobexpert in Hungary. It provides advanced and patented litter boxes, feeding and drinking systems, and exercise wheels. Petlux products are now available in 250 stores, with potential for rapid expansion. After an exceptionally successful year 2024, with revenue increased tenfold to €12.5 million, Pet Service Holding continues its growth strategy with this strategic acquisition. The Company's strong growth results from a combination of targeted acquisitions and organic expansion. Positive financial impact and investment structure The acquisition of Petlux is expected to add approximately €2.5 million in annual revenue to Pet Service Holding's results. 50% of the acquisition amount will be paid in shares of Pet Service Holding listed on Euronext Growth. The remaining 50% will be injected directly into Petlux's capital, providing additional room for growth. Petlux is targeting €10 million in revenue by 2028. The acquisition and integration are expected to be fully completed in Q3 2025. Growth strategy and synergies This acquisition underscores Pet Service Holding's ambition to further strengthen its market position and achieve sustainable growth. Mr. Johan Nap will remain director of Petlux and will continue to play a key role in the company's further growth and strategic development. His sharp vision and market knowledge make him a valuable resource for the organization. Pet Service Holding sees Petlux as a strong addition to its existing portfolio and a key building block in its strategy. The acquisition brings considerable synergies, including economies of scale, knowledge sharing, and expanded customer reach. This creates a solid foundation for accelerated growth, innovation, and increased market share. "We strongly believe that this acquisition not only contributes to our financial results but also aligns perfectly with our strategy to invest in high-potential brands with a strong customer-centric focus," said Ron van Veldhoven, CEO of Pet Service Holding. "With Petlux, we integrate a dynamic and future-oriented company ready for its next growth phase." About Pet Service Holding Pet Service Holding N.V. is a leading player in pet care in the Netherlands. We aim to distinguish ourselves in this competitive market by bringing together a broad range of services and leveraging our valuable experience and expertise in this field. With a focus on pet supplies, nutrition, and products for veterinary practices, we are well positioned to meet the needs of pets and their owners across Europe. Ticker: ALPET (Euronext Growth Paris) – ISIN: NL0015001HZ9Also listed on: NXchange Amsterdam (ISIN: NL00150004O8) View source version on Contacts Pet Service Holding Ron van VeldhovenChief Executive Officer +31-75-7572685info@ NewCap Dusan OresanskyInvestor Relations +33 1 44 71 94 92petserviceholding@ Sign in to access your portfolio
Business Wire
3 days ago
- Business
- Business Wire
Pet Service Holding Strengthens Its Position in the Pet Market With Acquisition of Petlux
ZAANSTAD, Netherlands--(BUSINESS WIRE)--Regulatory News: Pet Service Holding N.V. (PSH), listed on Euronext Growth and a leading player in the Dutch pet industry, announces that it has acquired a majority stake in Petlux B.V., a fast-growing and innovative company focusing on premium pet products and services. Petlux is a Dutch company that has evolved from a webshop into a supplier for multiple retail chains across Europe, ranging from Pets Place in the Netherlands to Mobexpert in Hungary. It provides advanced and patented litter boxes, feeding and drinking systems, and exercise wheels. Petlux products are now available in 250 stores, with potential for rapid expansion. After an exceptionally successful year 2024, with revenue increased tenfold to €12.5 million, Pet Service Holding continues its growth strategy with this strategic acquisition. The Company's strong growth results from a combination of targeted acquisitions and organic expansion. Positive financial impact and investment structure The acquisition of Petlux is expected to add approximately €2.5 million in annual revenue to Pet Service Holding's results. 50% of the acquisition amount will be paid in shares of Pet Service Holding listed on Euronext Growth. The remaining 50% will be injected directly into Petlux's capital, providing additional room for growth. Petlux is targeting €10 million in revenue by 2028. The acquisition and integration are expected to be fully completed in Q3 2025. Growth strategy and synergies This acquisition underscores Pet Service Holding's ambition to further strengthen its market position and achieve sustainable growth. Mr. Johan Nap will remain director of Petlux and will continue to play a key role in the company's further growth and strategic development. His sharp vision and market knowledge make him a valuable resource for the organization. Pet Service Holding sees Petlux as a strong addition to its existing portfolio and a key building block in its strategy. The acquisition brings considerable synergies, including economies of scale, knowledge sharing, and expanded customer reach. This creates a solid foundation for accelerated growth, innovation, and increased market share. 'We strongly believe that this acquisition not only contributes to our financial results but also aligns perfectly with our strategy to invest in high-potential brands with a strong customer-centric focus,' said Ron van Veldhoven, CEO of Pet Service Holding. ' With Petlux, we integrate a dynamic and future-oriented company ready for its next growth phase.' About Pet Service Holding Pet Service Holding N.V. is a leading player in pet care in the Netherlands. We aim to distinguish ourselves in this competitive market by bringing together a broad range of services and leveraging our valuable experience and expertise in this field. With a focus on pet supplies, nutrition, and products for veterinary practices, we are well positioned to meet the needs of pets and their owners across Europe. Ticker: ALPET (Euronext Growth Paris) – ISIN: NL0015001HZ9 Also listed on: NXchange Amsterdam (ISIN: NL00150004O8)
Yahoo
31-07-2025
- Business
- Yahoo
Pet Service Holding Achieves 14% Revenue Growth in the First Half of 2025
ZAANSTAD, Netherlands, July 31, 2025--(BUSINESS WIRE)--Regulatory News: Pet Service Holding (Paris:ALPET), the only company listed on Euronext Growth in Europe that is fully dedicated to pet health and well-being, achieved a 14% revenue growth in the first half of 2025 compared to the same period in 2024, reaching c. €7 million in revenue. This solid growth highlights Pet Service Holding's strong position in a rapidly expanding European pet market. The number of households with pets continues to rise; currently, more than 80 million European households have a named pet. At the same time, spending on pet food, health, and innovative solutions is increasing. According to Bloomberg, this trend is expected to continue at least through 2030. "Our growth demonstrates that we are successfully responding to structural market developments," said Ron van Veldhoven, CEO of Pet Service Holding. "Thanks to our integrated approach, we offer a comprehensive range of high-quality products and services that optimally support pets and their owners." Pet Service Holding combines veterinary pharmacies, wholesalers, online shops, and digital platforms into one powerful ecosystem. The company provides solutions in the areas of nutrition, health, and smart technology for pets. Pet Service Holding is listed on Euronext Growth under the ticker ALPET. This listing, effective since 28 July 2025, reflects the company's efforts to enhance its visibility and corporate governance. Moreover, it provides the company with efficient access to capital for further growth and strategic acquisitions. About Pet Service Holding Pet Service Holding NV is a leader in the field of animal care in the Netherlands. We aim to distinguish ourselves in this competitive market by bringing together a range of services and capitalizing on its valuable experience and expertise in this field. With a focus on animal supplies and nutrition and supplies for veterinary practices, we are well positioned to meet the needs of animals and their owners in Europe. Ticker: ALPET (Euronext Growth Paris) - ISIN: NL0015001HZ9 Also listed on: NXchange Amsterdam (ISIN: NL00150004O8). View source version on Contacts Pet Service Holding Ron van VeldhovenChief Executive Officer +31-75-7572685info@ NewCap Dusan OresanskyInvestor Relations +33 1 44 71 94 92petserviceholding@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
31-07-2025
- Business
- Business Wire
Pet Service Holding Achieves 14% Revenue Growth in the First Half of 2025
ZAANSTAD, Netherlands--(BUSINESS WIRE)--Regulatory News: Pet Service Holding (Paris:ALPET), the only company listed on Euronext Growth in Europe that is fully dedicated to pet health and well-being, achieved a 14% revenue growth in the first half of 2025 compared to the same period in 2024, reaching c. €7 million in revenue. This solid growth highlights Pet Service Holding's strong position in a rapidly expanding European pet market. The number of households with pets continues to rise; currently, more than 80 million European households have a named pet. At the same time, spending on pet food, health, and innovative solutions is increasing. According to Bloomberg, this trend is expected to continue at least through 2030. 'Our growth demonstrates that we are successfully responding to structural market developments,' said Ron van Veldhoven, CEO of Pet Service Holding. 'Thanks to our integrated approach, we offer a comprehensive range of high-quality products and services that optimally support pets and their owners.' Pet Service Holding combines veterinary pharmacies, wholesalers, online shops, and digital platforms into one powerful ecosystem. The company provides solutions in the areas of nutrition, health, and smart technology for pets. Pet Service Holding is listed on Euronext Growth under the ticker ALPET. This listing, effective since 28 July 2025, reflects the company's efforts to enhance its visibility and corporate governance. Moreover, it provides the company with efficient access to capital for further growth and strategic acquisitions. About Pet Service Holding Pet Service Holding NV is a leader in the field of animal care in the Netherlands. We aim to distinguish ourselves in this competitive market by bringing together a range of services and capitalizing on its valuable experience and expertise in this field. With a focus on animal supplies and nutrition and supplies for veterinary practices, we are well positioned to meet the needs of animals and their owners in Europe. Ticker: ALPET (Euronext Growth Paris) - ISIN: NL0015001HZ9 Also listed on: NXchange Amsterdam (ISIN: NL00150004O8).
Business Wire
24-07-2025
- Business
- Business Wire
Pet Service Holding N.V. Receives Approval for Listing on Euronext Growth
WORMERVEER, Netherlands--(BUSINESS WIRE)--Regulatory News: 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.'
