Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

Pet Network International

Pet Network International

Vintage: April 2018

Sector: Consumer Goods

Location: Croatia, Serbia, Romania & Slovenia

Type: MBO, Buy and Build

Souter Role: Co-investor

Souter Director: No

Status: Current

Pet Network International is a leading group of pet supplies retailers in South East Europe. 

The newly formed group made its first acquisition in April 2018, Pet Centar, which operates internationally across Croatia, Serbia and Romania. The group then continued its international expansion by adding two bolt-on acquisitions, Animax in Romania and Mr. Pet in Slovenia.

Pet Network International is now a regional market leader in the pet supplies market, operating more than 120 multi-format locations, complemented by a competitive online and omnichannel offering and a distribution business.

The transaction was led by the Central and Eastern Europe private equity team of emerging markets asset manager The Rohaytn Group.