In This Issue
Pets at Home announce profit ahead of expectations
Nestlé Purina acquires Lily’s Kitchen
Vital tells trade ‘our turn to support you' in face of COVID-19 crisis
Interzoo postponed beyond 2020
Wilsons Pet Food launches new Premium Dog Treats
Hill’s introduce new Science Plan Small & Mini range.
Royal Canin duo leads dramatic husky rescue for Crufts-winning breeder
PATS offers support to exhibitors during Covid-19 outbreak
Don’t Forget Wildlife Rescues
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Pet shops can stay open for emergency supplies
Northern Pet Trade make donation to Parrot rescue charities
The best of last weeks Pet Trade Xtra
Pet trade organisations call for specialist pet shops to be exempt from any mandatory retail closures during the coronavirus crisis
Pets at Home share price rises
Pet firm to provide free dog food to elderly owners
COVID-19: ChickenGuard issues advice for Chicken owners
Pet retailers asked for opinions on future of the trade
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Nestlé Purina acquires Lily’s Kitchen

Lily’s Kitchen, creator of proper food for pets, yesterday announced that it has been acquired from Private Equity Firm L Catterton by Nestlé Purina, a world leader in pet care. Financial terms of the transaction were not disclosed.

 

Established 12 years ago in founder Henrietta Morrison’s kitchen in London, Lily’s Kitchen has become an internationally recognised £85 million retail brand offering its natural recipes for dogs and cats across 6,000 stores in 30 countries. Last year the company was awarded The Royal Warrant from HRH The Prince of Wales.

 

Lily’s Kitchen has experienced rapid growth in both international expansion and continued product innovation, and in the last year alone saw a 30% increase in revenue. In its next chapter of growth, Nestlé Purina will help to build upon the Company’s momentum by further increasing Lily’s Kitchen’s brand awareness and supporting the continued expansion of its global footprint to reach more pet parents.

 

Lily’s Kitchen will continue to operate out of its offices in London as a standalone entity led by Lily’s Kitchen’s CEO, David Milner and the existing management team. Lily’s Kitchen’s employees, both junior and senior, who own a stake in the Company, will also be able to share the success.

 

“I created Lily’s Kitchen in the belief our pets deserved better, more natural food that would make them healthier. I was inspired to do this by my own dog, Lily, who was ill and is happily now nearly 17 years old,” says Henrietta Morrison. “I’m proud we have been able to bring the business this far and by working with Purina we will accelerate Lily’s Kitchen, becoming truly global so that pet owners worldwide can have access to really healthy, natural pet food. I have always believed passionately in growing the business by doing the right thing by our people, our consumers and the planet. We have created a brand that people and their pets really love. I’m so proud of what we have achieved and know the brand will be taken good care of in its next chapter and beyond.”

 

“We are greatly humbled to have been acknowledged and backed by L Catterton and now Nestlé Purina,” said David Milner. “From the ingredients we use in our recipes, to the relationships we have built with our partners, retailers and consumers, our Company remains committed to this award-winning formula for our loyal customers around the world. Our vision, purpose and values will always be at the heart of who we are and what we do.”

 

“Lily’s Kitchen has done a brilliant and unique job of creating a wonderful brand with its ethical approach to business. We are very excited to help bring the brand to the next level and to continue to make a positive impact,” said Calum Macrae, Regional Director, Northern Region, Nestlé Purina.

 

“We are proud to have partnered with Lily’s Kitchen over the last four and a half years to grow the business and provide more pets and pet parents access to natural and wholesome pet food of the highest quality,” said Michael Farello, Managing Partner, L Catterton Growth Fund. “We are excited to watch the company continue on its exciting trajectory.”

 

Natural foods represents one of the fastest growing segments in the pet food category, reaching 7% of total pet food with double digit growth of 10%.

 

With the backing of private equity firm L Catterton, Lily’s Kitchen has recently expanded into the Middle East and Asia and already has a growing presence in France, Spain, Italy, Netherlands, Switzerland and Germany. Lily’s Kitchen will continue to be run as a stand-alone business from its base in Fitzrovia, London.

 

Nestlé Purina is a world leading pet care company that makes many popular and trusted pet food brands, such as Purina ONE, Pro Plan, FELIX and Winalot, and works continuously to enrich the lives of pets and the people who love them.

Founded by Henrietta Morrison in 2008 with the purpose of creating natural, wholesome pet food, Lily’s Kitchen has since grown from Henrietta’s kitchen table to reach the homes of loyal customers across 30 countries with over £85m in retail sales. After noticing a discernible lack of quality, natural and nutritional food options for her border terrier, Lily, Henrietta partnered with vets, nutritionists and farmers to create unique recipes of wholesome, natural ingredients. Today, those recipes – and many more – created the premium natural pet food category in the UK, and can be found in 6,000 stores around the world. Lily’s Kitchen holds the prestigious honour of having been awarded a Royal Warrant in 2019 and was the first pet food brand in the world to become a B Corp, a worldwide group of organisations using business as a force for good. For more information please visit lilyskitchen.co.uk.

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