Pets Domain Snares Exclusive Jv With The Second Largest European Pet Wholesaler

< BACK TO COMPANY starstarstarstarstar   Business - Company Press Release
14th January 2010, 12:37pm - Views: 2749






Business Company Pets Domain 2 image



14 JANUARY 2009

MEDIA RELEASE








PETS DOMAIN SNARES EXCLUSIVE RELATIONSHIP WITH SECOND LARGEST PET

WHOLESASLER IN EUROPE- EUROPET BERNINA 

One of Australia’s largest and fastest growing pet goods supply businesses, Pets Domain Limited is pleased to

announce that the Company has secured an exclusive relationship with the second largest pet wholesaler in

Europe, Europet Bernina (www.europet-bernina.com). This Joint Venture grants Pets Domain sole access to

Europet Bernina products for sale across Australia. Pets Domain will be distributing Europet Bernina products

through their wholesale business ‘Natures Best.’ Europet Bernina offers an industry leading range of innovative

products, which Pets Domain believes will be highly sought after by the Australian public. This alliance means that

Pets Domain stores will have access to a broader, premium range of pet care products and moreover, enforces and

reflects the view held by overseas suppliers of the Pets Domain group, as the customer of choice. 

Pets Domain is listed with the Australian Small Scale Offerings Board (ASSOB) to fund the further expansion of the

Launceston based Company.  Pets Domain is seeking $3 million of expansion capital from sophisticated investors

via the ASSOB platform, with plans for an ASX listing within the next five years. The capital raised will be used to

launch a new, more significant store roll out, which will involve opening another 63 stores in the next four years.

Pets Domain is the largest and most profitable business currently listed on the Australian Small Scale Offerings

Board and generated revenue of $20 million in FY2009.

In commenting on this significant milestone for Pets Domain, Managing Director and founder, Jason Van Peelen

said, 

“This is an exciting milestone in the history of our Company. This partnership with Europet Bernina and their

subsequent support of Pets Domain means that our expansion ambitions are closer to becoming a reality. Pets

Domain’s goal is to expand the number of retail outlets to around 80 megastores across Australia within the next

four years, so we’ll be like the ‘Bunnings’ of the pet industry.” 


“We look forward to working together with Europet Bernina to provide the best and most affordable pet goods to

Australia.” 

For further information about Pets Domain Limited please contact:


Rod North





Jason Van Peelen

Managing Director




Managing Director

Bourse Communications




Pets Domain Limited

T (03) 9510 8309





T (03) 6330 3188

M 0408 670 706





 


For more information please visit the Company website, www.petsdomain.com.au or www.assob.com.au/pdl








news articles logo NEWS ARTICLES
Contact News Articles |Remove this article