Friday, February 13, 2009

News: Spanish acquisition for Pointer


Rotherham pet food manufacturer, Pointer Pet Foods has been acquired by a leading European manufacturer. The Spanish Grupo Dibaq has acquired 80% of the controlling entity of the Rodi Pet Food Group that owns Pointer. Dibaq has revenues in excess of EUR 200 million. With a strong focus on pet care and aquaculture, the group is rapidly expanding. It currently includes 26 companies in more than 30 countries on four continents and employs over 1,100 people. Rodi is one of the largest pet food producers and suppliers to the grocery trade and the green sector, with revenues of EUR 80 million and 285 employees. Juan Gargallo of Dibaq said: "The new combination is a perfect match. Both companies are known for their high-quality products. We now offer the European market a one-stop-shop covering all products and market segments." Ronald Rutten of Rodi added: "Rodi can profit from Dibaq's experience in petfood business, both in production techniques and in organizational development for more than 50 years." Pointer Pet Foods is based at Eastwood and was established in 1959. The continuing growth of the company has allowed for considerable investment both in machinery and staff. The investments have included key people with skills in sales, marketing, food technology, nutrition, logistics, customer services and engineering. The company saw further development by the opening of a new 30,000 sq foot warehouse in 2001.


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