(PRESS RELEASE) Petz, the largest pet retail chain in Brazil, announces its acquisition of Petix, the leader in premium and sustainable dog pads, and its U.S. division, WizSmart by Petix. This news comes on the heels of exponential growth of WizSmart in the U.S., as more dog owners look for smarter and sustainable ways to care for their beloved pets.
As the country’s top pet retail chain, Petz’s mission is to create a dynamic ecosystem for animal lovers and their pets in Brazil and abroad. With sustainability at the forefront of its business model, WizSmart by Petix joins the company’s U.S. portfolio among other distinguished brands in the pet category, such as Zee Dog, known for its elevated pet-lifestyle products sold online and at its Manhattan flagship store.
“We are adding manufacturing capacity, expanding our product line and investing in marketing to make WizSmart an industry leader in the U.S. and beyond,” says Rogerio Haddad, CEO and founder of Petix.
“We have just begun to scratch the surface in the U.S. market,” added Krister Holm, Petix partner and co-founder of WizSmart. “We have proven in a short period of time that customers want a harder working, more sustainable pad and pet retailers want to offer better quality products. We are excited to be part of the Petz ecosystem and look forward to working with other industry bests like Zee Dog.”
“Petix represents everything we believe in when it comes to building a differentiated platform, and very much in line with the Petz Group’s strategic vision of being recognized worldwide as the best ecosystem in the Pet sector by 2025. The partnership represents a unique move to acquire a strong brand, market leader, with a differentiated product in a fast growing and still low penetrated category.” says Sergio Zimerman, founder and CEO of Grupo Petz, publicly-traded under the symbol PETZ3.
