PPF has around 1 600 employees in 38 countries and produces around 500 000 tonnes of dog and cat food annually. The company is one of the largest private label manufacturers of pet food in Europe. With the acquisition of Doggy, PPF complements its product range, geographic coverage and distribution network in Europe - especially in the Nordic countries. The operating business will continue to be run under local management from Vargarda.
Doggy currently has a turnover of approximately 600 million kroner (approx. 57.2 mio euros) and approximately 200 employees, distributed between the headquarters in Vargarda, Sweden, and the branches in Germany and Poland. It is expected that the PPF deal will be fully completed in August, after the usual regulatory approvals have been granted.