Purina Petcare acquires majority stake in Tails.com
Nestlรฉ Purina PetCare has acquired a majority stake in Tails.com, a direct-to-consumer, tailor-madeย dog nutrition business based in the UK.
Launched in 2014, Tails.com has brought tailored dog nutrition to consumers at competitive prices. The company was early to identify changes in the way consumers want to shop and care for theirย pets, and combined digital technology, food innovation and new manufacturing techniques to provideย food individually tailored according to factors such as a dogโs age, breed, size and level of activity.
Powered by a proprietary nutritional algorithm developed by vets, nutritionists and softwareย engineers, the company now feeds more than 100,000 dogs in the UK. Tails.com customers can also make use of the company’s subscription service with home delivery, as well as access to an in-houseย nutrition support team.
Tails.com will continue to operate as a stand-alone entity, with co-founder and CEO James Davidsonย at the helm.
The current management team and employees will remain shareholders and continueย to run the business from its base in Richmond, West London.
Bernard Meunier, CEO, Nestlรฉ Purina PetCare EMENA said: โPersonalised pet nutrition, along with direct-to-consumer subscription services, are expanding rapidly and this move underlines our focusย on investing in high- growth categories and acting on consumer trends.
“Tails.com has a unique andย winning business model that successfully combines individually customised recipes with a best inย class pet owner experience, and all at competitive prices. The team behind Tails.com has achievedย strong growth and generated outstanding customer engagement and loyalty. Our support willย enable the acceleration of Tails.comโ expansion plans in the UK and beyond.โ
James Davidson, CEO, Tails.com added: โWhen we launched the company nearly four years ago, weย were excited to bring something totally new to pet care in the UK. Our mission is to change theย world of pet food for good, by providing every dog with its own unique, blended recipe. Weโve beenย amazed by the response from pet owners. We now provide four million bespoke meals per month toย dogs across the UK and expect to see sales of well over ยฃ20m this year.
“Purinaโs support givesย us the opportunity to build on this success in the UK and beyond, reaching more pets with ourย tailored nutrition. We will continue to run the business with the same entrepreneurial andย customer-centric vision that has already brought us so much success.โ