[NEWS] PetOne, a Pet Specialized Company, Announces Merger with MNB Manufacturing Division
Author
petone
Date
2023-06-26 11:11
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1458

PetOne, a pet specialized company, has announced that it merged with the manufacturing division of MNB, a pet food specialist, last month.
According to the company, the merger is expected to generate significant synergy as both companies had sales of KRW 9.85 billion and KRW 9.66 billion, respectively, based on 2021 figures. With this merger, PetOne plans to expand into the global market, leveraging the newly established Samjuk factory, which spans an area of around 3,000 pyeong in Anseong City. The company also aims to obtain HACCP certification and FDA facility registration.
Since its establishment in 2013, PetOne has steadily solidified its position as a pet specialized company. The company has focused on using fresh ingredients based on strict hygiene and thorough inspections, while minimizing the use of additives to ensure the health of pets.
Park Sang-ho, CEO of PetOne, expressed delight at the merger with MNB, a company that has led the pet food market with the slogan "Always seeking something better, not just the best." He stated, "We are starting a new chapter as PetOne, and we will continue to conduct research and make efforts to create products that satisfy both pet owners and their pets."
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