Vital Petfood Group strengthened after capital infusion

The capital base of Vital Petfood Group A/S has been strengthened considerably by an infusion of new equity by the parent company, VPG Holding A/S. Following a succession of historical poor results Vital Petfood Group A/S had become undercapitalised, and in December 2004 the parent company decided to strengthen the capital base of its operational company substantially. Restructuring of the group has also been undertaken, with Unipet, the business entity focusing on articles for the pet trade, being transferred to the direct ownership of the holding company as a separate group entity.