Umios, the Japan-based food production and distribution company, has announced that its board of directors has resolved to acquire a 51% equity stake in Malaysian pet care holding company Pet World International (PWI). The transaction, valued at approximately ¥11,400 million ($71 million), will be executed through a newly established holding company. Following the acquisition, PWI will become a specified subsidiary of the company.
Operating across Southeast Asia with Malaysia as its core market, PWI holds the number two market share in the Malaysian dog and cat pet food market. For the fiscal year ended 30th September 2025, PWI reported consolidated net sales of ¥12,377 million ($77 million) and a consolidated operating income of ¥1,186 million ($7.4 million).
According to Umios, the acquisition is intended to strengthen its pet food business, positioned as one of its core businesses, and accelerate expansion within the rapidly growing Asian pet food market. The transaction will allow the group to build a more comprehensive platform covering both dry and wet pet food segments, leveraging marine-based resources as upstream raw materials.
PWI is expected to become a consolidated subsidiary from the second quarter of the fiscal year ending March 2027.
Source: Umios
