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    Pets

    April

    Bark Air is the latest offering from the company behind a subscription service for popular dog treats.

    New airline Bark bets big on $9278 flights for dogs

    Pets are often flown to the wrong destinations or mishandled by airport staff. This private jet service, including “dog Champagne”, aims to solve that.

    • Lebawit Lily Girma

    March

    Danish pet food giant laps up local producer Staughton Group

    Sources said Ridley, a major producer of animal feed with a market capitalisation of some $700 million, was the underbidder for Staughton.

    • Sarah Thompson, Kanika Sood and Emma Rapaport

    December 2023

    The COVID-19 pet boom spurred Woolworths to invest in the $10 billion specialty pet sector.

    ACCC gives nod to Woolworths pets deal with asset sales in tow

    The purchase price for the supermarket giant’s 55 per cent stake in the pet company is now expected to be $438 million, reduced from $586 million.

    • Carrie LaFrenz
    Woolworths chief executive Brad Banducci is still looking to get ACCC approval for its PETstock deal.

    Competition regulator drags its paws on Woolworths’ PETstock buy

    Next week will mark the 12-month anniversary of Street Talk’s report that the supermarket giant was preparing to buy the pet foods and accessories group.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Having a dog is linked to better health for older people.

    Having a dog cuts your dementia risk by 40pc, scientists claim

    Researchers in Japan say their study is the first time that science has established a clear link between owning a dog and the onset of dementia.

    • Julian Ryall
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    November 2023

    Alexis Soulopoulos and Justus Hammer co-founders of Mad Paws, are confident they are in a fast-growing and recession-proof sector.

    Tech wreck pessimism no match for AI and Australia’s pet obsession

    Mad Paws is struggling to win over ASX investors despite robust growth, while Aussie firms making autonomous vehicles and AI road cameras are thriving.

    • Paul Smith
    Investors are nursing losses and have wound back risk.

    Inside the $4b Greencross bellyflop – and what it means for deals

    Someone has cooked the golden goose, and fingers are pointing at underwriters, investors, private equity and advisers, after last week’s spectacular blow up.

    • Anthony Macdonald

    October 2023

    Woolworths CEO Brad Banducci is still looking to get ACCC approval for its PETstock deal.

    Woolworths target PETstock to divest stores, vets after ACCC red flag

    After a prolonged investigation, the competition regulator found several historical transactions by the pet retailer may have breached competition laws.

    • Carrie LaFrenz

    Who let the dogs on? The only ship that welcomes pets

    Hundreds of pampered four-legged fur babies cruise the trans-Atlantic route between New York and Southampton each year.

    • Fiona Carruthers

    July 2023

    Pet Circle CEO Mike Frizell, pictured with Cavalier King Charles spaniel Chewie, says the outlook for his company is one of continued and rapid growth.

    Pet Circle keeps billion-dollar valuation in raising from one investor

    The online pet supplies business’ latest funding round is smaller and without high-profile backers including AirTree Ventures and TDM Growth Partners.

    • Paul Smith

    June 2023

    Lyka Pet Food founder and CEO Anna Podolsky says dog owners are willing to spend up on their pooches health and wellbeing.

    The not-so-secret life of pets

    By anyone’s measure, pet care in Australia remains big business, but can the incredible growth last?

    • Carrie LaFrenz

    May 2023

    Vets Central aggregates vet practices.

    Pemba Capital Partners books Vets Central for a check-up, RFP out

    Turns out TPG Capital’s Greencross Vets is not the only pets-and-vets business in the dealmaking pipeline.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    A Virgin Hotels guest relaxes poolside in New York.

    How hotels are rolling out the red carpet for pets

    Although many inns have long welcomed pets, today all kinds of lodgings are courting them with new packages and amenities.

    • Stephanie Rosenbloom
    Woolworths CEO Brad Banducci and his pet dog Juno.

    Woolworths pet acquisition stirs old competition issues

    Woolworths may have to ditch some retail stores as part of its latest purchase, Petspiration Group, to get the deal over the line with the ACCC.

    • Carrie LaFrenz

    April 2023

    Rebecca Gardner and Marley at Amazon’s Melbourne office.

    Who let the dogs in (Canva and Amazon, for two)

    It’s a game-changing perk for young workers in some of our newer corporations.

    • Maida Pineda
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    March 2023

    Although culling is the most extreme option for attempting to control India’s dog population – sterilisation is the current preference – there is growing appetite for its deployment across the country.

    Are India’s stray dog days finally over?

    Gruesome attacks on children, and the death of 20,000 people a year from rabies means a day of reckoning beckons for the country’s 62 million street dogs.

    • Joe Wallen

    February 2023

    Bunnings boss Michael Schneider is making a push into the pet category adding nearly 1000 new items to the big box chain.

    Bunnings launches biggest product expansion in decades with pet care

    The hardware chain has expanded further into pet care, adding nearly 1000 new products as it seeks a larger slice of the $10 billion market.

    • Carrie LaFrenz
    Raw feeding – which includes vegetables, animal proteins, bones and other uncooked ingredients – has gone from fringe to trendy.

    Pets are the next frontier for non-animal proteins

    Pet foods are worth $151 billion a year. No wonder start-ups are seeing an opportunity – starting at the premium end of the market.

    • Coco Liu
    Baxter, a shih-poo, at Michael Lenahan’s apartment in the TriBeCa neighbourhood of Manhattan.

    Sorry, dogs: the lobby is off-limits

    New York is at the tail end of the dog-restriction trend and is now moving into rolling out the red carpet for Rover.

    • Sarah Maslin Nir
    Justus Hammer, Mad Paws CEO, is in front of investors seeking fresh funds on Wednesday.

    Pet sitting, food, health biz Mad Paws chases fresh funds

    Hawkesbury Partners and PAC Partners are in the market with a $4 million equity raising for pet services group Mad Paws Holdings on Wednesday. 

    • Anthony Macdonald, Sarah Thompson and Kanika Sood