Pet Family, the owner of Pets Corner, has purchased a 30% share of Cats & Dogs, a family-owned retailer based in Flanders, Belgium.
Cats & Dogs was started 20 years ago by Kevin Massart and his mother Brigitte Pettens with a single store which has now grown to a chain of seven outlets in the area around Antwerp. The stores average around 6,000sq ft in size and enjoy a reputation for selling the best quality products with well trained staff.
The investment will provide Cats & Dogs with growth capital to open at least 20 more stores in the next five years. In addition, Pet Family’s specialist products will be stocked by Cats & Dogs to help differentiate the retailer further in its local markets.
Pets Corner chief executive Dean Richmond said: “There is no other retail chain like Pets Corner that focuses on quality and ethics, and I believe there is a consumer in every market wanting better products, sourced with integrity sold by properly trained staff.
“I’m convinced there are many high class emerging retailers in Europe, like Cats & Dogs, who would benefit from our investment, supportive brands and group scale to help them grow, and we’d love to work with them.”
