KENNELPAK SELLS PETS & FRIENDS TO PSR TRADING LTD
Kennelpak has announced the sale of its retail business, Pets & Friends, to family-owned PSR Trading Ltd (PSR), owner of retail chain Just for Pets. This strategic move allows Kennelpak to accelerate the growth of its Wholesale & Distribution division.
The sale includes Pets & Friends’ 19 stores and 17 grooming salons, noted for its exceptional customer service and pet nutrition expertise, as well as its thriving online business and subscription service. Pets & Friends will continue under its existing trading name and will operate alongside Just for Pets, as PSR looks to leverage synergies between the two brands to drive investment and innovation within the independent pet trade sector.
Here’s what Kennelpak Chief Executive, Claire Bayliss had to say about the sale: “Under our management, Pets & Friends has undergone a significant transformation with investment at every level, evolving from a Midlands-based retailer to a much-loved multichannel pet specialist brand with national reach.
Our Wholesale & Distribution division has been the cornerstone of Kennelpak’s heritage for the past 50 years. Our aim is to strengthen its position as the trusted pet specialist, with an even greater emphasis on supporting our distributor partners’ plans for growth and continuing to deliver exceptional service for our customers.
We wish Paul and the team at PSR all the very best for the continued success of the Pets & Friends business.”
Paul Lewis Managing Director, PSR Trading Ltd added, “We’re excited to welcome Pets & Friends to PSR, it offers something different to customers and complements our portfolio of brands, Just for Pets and DOG by Just for Pets.”
He continued, “All jobs at Store level will remain in place including Store Managers, Store Teams and Groomers and I can’t wait to meet every team member as we look to continue the businesses growth together.”
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