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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 individual pets. In 2024, the company further expanded its technological capabilities by acquiring DIG Labs, a diagnostic firm focused on AI-powered health screenings.
Nick Stafford, CEO of Ollie, stated: “The transaction allows us to scale our mission faster and further than ever before. Together with Agrolimen, we’re not just growing a business, we’re shaping the future of dog wellbeing through disciplined growth, exceptional products and innovative customer technology”.
The acquisition significantly strengthens Agrolimen’s position in the US pet food sector, where the firm already owns raw food producer Nature’s Variety. Agrolimen also operates Affinity Petcare, a leading European supplier of dog and cat food.
Juan Martin Alonso, CEO of Agrolimen, added: “We are excited to support the next chapter of Ollie’s growth, while preserving the brand’s distinct voice, values and ambition”. Ollie will continue to operate as an independent brand with its existing leadership team and US headquarters.
Source: Just Food / Ollie
