Czech pet meals producer acquires Finnish uncooked meals firm

As a part of its plans for worldwide enlargement the Czech producer of animal feed firm, Vafo Praha, has acquired the Finnish firm Kennelpakaste Oy, specializing within the manufacture of uncooked frozen pet meals.

The acquired firm claims to have been lively within the pet meals trade within the nation since 1979, making it the oldest firm within the Finnish sector. Kennelpakaste has a turnover of round € 1 million ($ 1.1 million) a 12 months. The corporate has a manufacturing website in Kilvakkala, in southwestern Finland, the place it produces biologically applicable uncooked meals (BARF).

"The Finnish manufacturing facility produces dry animal elements and BARF. Investments in a considerable extension of its drying capability are already underway. It will multiply its present capabilities, "stated Petr Kříž, board member and head of mergers and acquisitions at Vafo. "We’re primarily planning to serve Scandinavia from this plant, however our thought is that some wild native Finnish specialties, comparable to reindeer meat, might be exported all through the European Union. BARF, nonetheless, will stay regional. "

Evolution of Small Pet Meals Markets

The Final Redemption will present Vafo claiming to be a premium pet meals producer, of snacks and pet dietary supplements, with simpler entry to the Finnish market pet meals. It’s estimated that the latter produces about $ 420 million a 12 months, in contrast with $ 333 million a 12 months for the Czech pet meals market, in response to knowledge from the native enterprise every day E15.

Established in 1994 and based mostly in Rudna, within the west of the Czech Republic, Vafo claims to export its merchandise to some 70 nations all over the world and has a major market share within the Central and Japanese Europe area. Scandinavian nations and the Baltic States, Estonia, Latvia and Lithuania. The corporate's flagship model, Brit, was launched in 1999. In 2017, Vafo achieved gross sales of greater than € 140 million ($ 156.6 million), in response to the newest knowledge out there from the Czech firm.

Vafo representatives say the corporate is the fifth largest pet meals firm and the quickest rising firm within the world market, in response to an evaluation by market analysis agency Plimsoll .

( Editor's Be aware : In line with the Petfood Business Database Prime for Animal Feed Producers Vafo Group, mother or father firm of Vafo Praha, had a enterprise turnover of $ 85.5 million in 2018 and ranked 48th total, based mostly on the most effective out there knowledge discovered over the last replace of the database.)

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