Jebsen Group Helps make Its Very first Acquisition in Pet Industry
HONG KONG, April 3, 2023 /PRNewswire/ — Jebsen Group is happy to announce its most recent acquisition of major pet foodstuff and supplies retailer ADP Team (“ADP”), marking Jebsen’s pretty initially financial investment in the pet treatment and retail marketplace.
Established in 1996 by two brothers Alexander and Paul Yip, ADP is best recognised to pet owners for its retail chain brands Q-Pets and Red Carrot. Around the yrs, ADP has expanded its company functions and now boasts 42 brick-and-mortar retail chain shops, an e-commerce system, and 6 franchise retailers in Hong Kong. In addition, ADP has founded a wholesale existence and on-line e-commerce channels in the Chinese mainland. As said by the Yip brothers, “ADP and Jebsen joining forces signifies a large opportunity for development, particularly inside the Chinese mainland. We are assured that Jebsen’s expertise in brand creating will additional bolster our sector leadership and develop new chances for worldwide partnership for our firm.”
Jebsen Group’s current acquisition of ADP positions the business to boost and increase the existing infrastructure of ADP, with a strategic aim of turning out to be a foremost player in both equally Hong Kong and Increased China. “Jebsen has been actively pursuing possibilities to develop its footprint in interesting industries that are shut to the shopper,” claimed Alexander Spitzy, Main Operating Officer of Jebsen Team and Taking care of Director of Jebsen Consumer. “As the foremost pet care retailer in Hong Kong, Q-Pets provides major prospects to not only tap into the domestic market but also to grow even further into Better China. We seem forward to continuing Q-Pets’ dominance as the most well-liked browsing location for pet treatment clients and are fired up to create progressive pet care alternatives.”
Jebsen Group is focused to retaining Q-Pets’ placement as the top rated option for pet care prospects and is fully commited to contributing to the progress and growth of the pet treatment sector.
About Jebsen Group
Jebsen Group builds and invests in quality manufacturers that bring new products and solutions, expert services and ordeals to the altering purchaser in Larger China. A loved ones-owned non-public business with over 125 years of constant existence in the area, Jebsen is committed to supporting its partners’ needs in making sector need, making sales, and connecting neighborhood customers. As a strategic co-pilot, Jebsen elevates the worth of partnering brands and will help them achieve accomplishment.
Below the master brand name of Jebsen, the Group has 4 Main Company Traces – Motors, Beverage, Customer and Jebsen Funds. Jebsen gives more than 200 of the world’s premium makes intensive and specialised nearby marketplace access.
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Source Jebsen Group