Agrolimen, the Spanish food and pet care group, has announced the acquisition of Ollie, a New York-based fresh, human-grade dog food brand. Although financial terms were not officially disclosed, sources familiar with the transaction suggested the deal values the brand at over $600 million. Founded in 2016, Ollie operates a direct-to-consumer subscription model, utilizing national cold-chain distribution infrastructure to deliver veterinary-backed nutrition, including fresh food, treats and supplements, tailored to …
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Agrolimen
Nutrition & Sante, a subsidiary of the Japanese firm Otsuka Pharmaceutical that specialises in dietary food products, has announced the acquisition of Spanish health and functional foods company Bicentury. According to Otsuka, the acquisition will enable Nutrition & Sante to become the main supplier of slimming products in Spanish supermakets. Founded in 1980, Bicentury markets a range of slimming foods including the first meal-replacement cereal bars in Spain, as well …
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