Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
A-Brands

Nestlé Increases Stake In IVC Evidensia

Nestlé is set to increase its stake in veterinary services provider IVC Evidensia.

No terms of the agreement have been disclosed, with the world's largest food company set to remain a minority shareholder of IVC.

Pet Food

As per the terms of the agreement, Nestlé Purina PetCare EMENA (Europe, Middle East, North Africa) and IVC will continue their collaboration focusing on delivering advanced pet food solutions and pet care services, Nestlé said in a statement.

IVC was established in 2011, and is a veterinary services provider with a network of more than 1,500 clinics and hospitals and approximately 22,000 employees across Europe. More than three million pet owners access its services.

The agreement is subject to customary regulatory approvals.

© 2021 European Supermarket Magazine – your source for the latest retail news. Article by Conor Farrelly. Click subscribe to sign up to ESM: The European Supermarket Magazine.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days