Pets at Home Group plc

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Pets-at-Home-Group.svg

Pets at Home is a UK-based holding company which retails pet food, pet products and pet-related services through its subsidiaries.

Business Segments

  • Pets-at-Home-Pets-at-Home.svg
    Pets at Home: the omni-channel retailing business operates from the Pets at Home "one-stop-shop" store network and website.
  • Pets-at-Home-Groom-Room.svg
    Groom Room: dog and cat grooming services, through Groom Room salons, are found within many Pets at Home stores, offering full dog grooming, baths, microchipping and nail clipping.
  • Pets-at-Home-Companion-Care-2011.svg
    Pets-at-Home-Vets4Pets.svg
    Veterinary Network: the company operates the UK’s largest small animal veterinary practice network under the Vets4Pets and CompanionCareVets brands, together with specialist veterinary referral centres, which provide services in veterinary medicine, including oncology, neurology, orthopedics, cardiology and other procedures. The practices are located both in-store, as well as in standalone locations.ref

Philanthropy

Store colleagues helped to raise £4.3m to support rehoming of pets in 2017/2018.AR-2018, pp.43,81

Company

Shareholders

Total float: 93.7%
Source: MarketScreener.svg, Mar.2020

Structure

ToDo: CH, AR-2018, p.158: good chunk of Guernsey + Jersey companies in there.

Timelines

PetsAtHome

Jan.2018
Pets-at-Home-Barkers.svg
Barkers: Pets at Home closed its upmarket, dogs-only grooming and accessories chain, 4 years after opening its first shop.ref
Oct.2016
Ride-Away-2014.svgDeals-Arrow-Right.svg
Ride-Away was sold to Newtyle Nominees, now called Internet Fusion Group Ltd.ref,CH
Jun.2015 Kohlberg Kravis Roberts disposed of nearly half its stake (21.6%), leaving it with 24.6%.ref
Mar.2014
London-Stock-Exchange.svg
Pets at Home was floated on the London Stock Exchange.ref
??.2014
Pets-at-Home-Barkers.svg
Barkers: a premium pampering brand was launched to capitalise on the growing popularity of dogs.ref, Webpage
Mar.2013
Pets-at-Home-Vets4Pets.svgDeals-Arrow-Left.svg
Vets4Pets was acquired (from ??), and the 93 veterinary practices will be integrated into its 166 in-store vet business. Pets at Home now had 346 stores, almost 50% of which already had in-house vets thanks to a joint venture with Companion Care, which will continue to work alongside the new venture.ref,ref
Dec.2012
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Ride-Away, an online equestrian retailer, was bought from its founders.ref
Jan.2010
Kohlberg-Kravis-Roberts-19xx.svgDeals-All-Change.svg
Kohlberg Kravis Roberts: Pets at Home was sold to US private equity firm Kohlberg Kravis Roberts.ref
Jul.2004
Bridgepoint-Group-horiz.svgDeals-All-Change.svg
Bridgepoint bought Pets at Home in a deal that gave it a majority stake of more than 60%.ref The acquisition provided an exit for 3i (23.6%) and Intermediate Capital Group plc.ref
Mar.2004
Pets-at-Home-Companion-Care-2004.svgDeals-Arrow-Left.svg
Companion Care (Services) Ltd: Pets at Home took a 90% holding in the company.AR-Mar.2004
?date? Pets at Home went international with the opening of a joint venture store in Melbourne, Australia.ref (Went offline at the end of 2012 - Website.arch.)
?date?
Pets-at-Home-Companion-Care-2004.svg
Joint venture with Companion Care.
Dec.1999
Pets-at-Home-Pet-Smart.svgDeals-Arrow-Left.svg
PETsMART UK was acquired from PETsMART Inc, bringing a chain of 140 stores under the Pets at Home brand.ref,ref
1999 Intermediate Capital Group plc invested in the company. Website
Dec.1995 3i Group plc invested in the company. AR-Mar.1996, p.3
1991
Pets-at-Home-2005.svg
Anthony Preston founded Pets at Home with a single store in Chester.ref He had previously spent 4 years with 3i, leaving in 1982 to join his family cash and carry business.
Mar.1991 Pets at Home Ltd: the company changed its name again.
Oct.1989 John Preston Estates Ltd: the company changed its name.
May.1984 R & B Pet Supplies Ltd was incorporated.
Additional Sources: CH, CH, CH, CH, History, Brands, Website.arch, Reports

Companion Care

FixMe: link, link, Website, Website.arch

Ride-Away

ToDo: link, Website.arch, Website

Established in 1980, Ride-Away is a family-owned, multi-channel retail business with extensive online and catalogue operations as well as a 15,000 sq ft store in Yorkshire. Part of Internet Fusion Ltd.ref

Articles

  • Oct.01.2018: Pets at Home shows its teeth with snap at Amazon over tax. Chief executive Peter Pritchard of Pets At Home says he is “frustrated” at the lack of Amazon's tax contribution to Britain... inequity in the tax system between retailers with stores, burdened by business rates, and those without. He does not believe that Amazon pays its fair share of taxes to help to fund the infrastructure and public services it relies on. They generate significant revenues and operating profit through their operations in the UK market, but their UK corporate tax bill is nominal. Deirdre Hipwell, The Times.