Butternut Box, the UK-based dog food company has announced the acquisition of PsiBufet, Poland’s fresh dog food company, expanding its European presence.
Butternut Box has already established its brand in other European countries including Ireland, Netherlands, Belgium and now Poland.
It claimed that since its inception in 2016, the company has grown “rapidly”, raising over £100m in capital to date including investment from L Catterton, White Star Capital, Five Seasons Ventures, Passion Capital, Literacy Capital, Claret Capital and HSBC.
It recently also achieved a B Corporation certification.
PsiBufet, founded in 2012, is known for its individually tailored fresh food for dogs.
With the acquisition, it said PsiBufet’s customers can now choose from a wider range of products, and access a “more advanced” online customer experience.
In turn, Butternut Box is able to expand its activities to Central and Eastern Europe, with Poland serving as a regional hub for the group’s operations.
David Nolan, co-founder of Butternut Box, said: “We are delighted that PsiBufet and Butternut Box have become one team. We have been actively supporting PsiBufet’s journey for several years and are extremely impressed with the progress they have made.
“We are pleased that together we will be able to take care of dogs’ health and happiness in Poland, and all over Europe. We’re really excited about continuing to serve customers the best quality fresh dog food in the Polish market.”
Kevin Glynn, co-founder of Butternut Box, added: “We are thrilled to welcome PsiBufet to the Butternut Box team.
PsiBufet shares our commitment to providing dogs with fresh, wholesome, nutritious meals, and we are excited to bring their expertise and product offerings into our portfolio. This acquisition allows us to scale our operations in Europe and bring the Butternut Box experience to even more dog owners and their beloved dogs.”
Piotr Wawrysiuk, founder, and CEO of PsiBufet, said: ”Butternut Box has been supporting us for over three years. It is not only a capital investor but above all a strategic one, sharing their knowledge and experience.
“Our companies share a common organisational culture and, above all, a mission: to provide health and happiness to dogs and their humans all over the world. I am pleased that, thanks to the relationship, we will be able to offer customers in Poland the highest quality products.”
