Pet Care Retail Group
Biggest Online Pet Shop.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Debt | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 47 % | (4 %) | - | (3 %) | 20 % | - | (82 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 3 % | (7 %) | - | (3 %) | (1 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 1 % | (9 %) | (7 %) | (11 %) | (8 %) | (36 %) | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Based in Barcelona, Spain, Pet Care Retail Group (PCRG) was established in 2012 as an online provider of pet products. The company carved out a significant presence in the Southern European e-commerce market, with a strong focus on Spain, Portugal, France, and Italy. A pivotal year for the company was 2018, when it consolidated its market position by integrating three key players in the sector: Animalear, founded by Óscar Puig Loverdos; the internationally present Miscota; and Petness, a prominent e-commerce name in Portugal. This strategic integration, spearheaded by CEO Óscar Puig Loverdos, was designed to create a dominant force in the regional pet care market. The group's business model centered on operating multiple independent web fronts, including the acquired brands, all unified under a single, powerful technology platform. This platform utilized sophisticated software to analyze customer behavior and proactively suggest products, enhancing the shopping experience, particularly for the 70% of users accessing the sites via mobile devices.
PCRG functioned as an online marketplace for a wide array of pet supplies, catering to the needs of various animals from small mammals to birds. The business generated revenue through the direct online sale of these products to a B2C clientele. By 2018, the company had expanded its reach to over 600,000 customers across 140 countries, demonstrating substantial international sales. After receiving venture capital backing from investors including Inveready Asset Management, Ona Capital, and La Caixa, Pet Care Retail Group was acquired by Maskokotas on October 1, 2019. At the time of the acquisition, the company had achieved revenues of approximately €30 million in the preceding year.
Keywords: Pet Care Retail Group, online pet products, pet supplies e-commerce, European pet market, Miscota, Animalear, Petness, Óscar Puig Loverdos, B2C pet retail, pet food online, Southern Europe e-commerce, Barcelona startup, Inveready Asset Management, Ona Capital, Maskokotas acquisition, online pet store, pet technology platform, pet product sales, international pet supplies, animal care products