News and Views
Transaction & Advisory | May 2024
PetO acquire 41 new retail stores and 25 vet clinics from Woolworths-backed business, PETstock
Our corporate team led by Paul Miller and supported by Sarah-Jane Sale and Steven An acted for the founders and owners of PetO, a family owned and run pet store business, in their acquisition of 41 new retail stores and 25 vet clinics from Woolworths-backed business, PETstock.
Established by brothers Nick Greenhalgh and David Rowe in 2006, PetO started in Sydney’s Northern Beaches and has now become one of Sydney’s largest independent pet stores. This successful acquisition sees PetO’s expansion from 17 stores in New South Wales to over 80 sites across Australia and establishes PetO as the 3rd largest omnichannel pet retailer in Australia.
Deutsch Miller worked alongside Grant Samuel team, led by Damien Elias, Jeffrey Birse, Erika Jesurun, Mathew Hildebrand and Tara Suann.
Article links:
PetO scoops up new stores as Woolies acquires PETstock stake
PetO to triple revenue after acquiring PetStock from Woolworths - Inside Retail Australia
