Pet Service Holding acquires Petlux to consolidate its growth

Pet Service Holding NV (PSH), listed on Euronext Growth, announced the acquisition of a majority stake in Petlux BV, a Dutch company specializing in premium pet products. In 2024, PSH saw its revenue increase tenfold, reaching €12.5 million. This strategic acquisition is expected to add approximately €2.5 million in annual revenue to PSH.

The acquisition will be settled 50% in PSH shares, with the remaining 50% invested directly in Petlux. The integration of Petlux, expected in the third quarter of 2025, will enable PSH to strengthen its market position through synergies and economies of scale.

Johan Nap will continue to lead Petlux, playing a central role in its growth. Petlux is targeting revenues of €10 million by 2028, reinforcing PSH's strategy of investing in high-potential brands.