Announced
Completed
Synopsis
Musti Group, a pet care specialist in the Nordic and Baltic regions, completed the acquisition of ZU, a Portuguese specialist in pet care. Financial terms were not disclosed. “I warmly welcome the ZU team to the Musti pack. I’m extremely excited about what we can achieve together. Adding ZU to the Musti Group is a next step in our expansion outside the Nordics and Baltics. We look forward to working with the ZU team to replicate Musti’s Nordic market leadership in Portugal. They join us on our journey to humbly understand the high needs of pet parents and our commitment to the continuous evolution of our offer to meet those needs – top quality, good value food and accessories, supportive pet care and vet services, and a fast and easy to use integrated online platform,” David Rönnberg, Musti Group CEO.
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