Supplier of pet and health products in Portugal Barkin acquired a Spanish rival Hapette for an unknown number. While the water dogs did not release an exact figure, Barkyn representatives commented that the acquisition of three-year-old Happets represents Barkyn’s 2022 revenue growth forecast of at least 30%.

“With this acquisition, we are taking a significant leap in innovation towards personalization, especially when it comes to health and nutritional supplements,” commented CEO Barkyn. Andre Jordau. “Our first-of-its-kind operation brings us closer to our goal of becoming the most disruptive brand in the pet market.”

To his credit, Jordau’s opinion on the acquisition may be the very first case of pet food and quantum leap ever uttered in the same sentence.

On the acquisition and with a slightly more somber tone, the CEO of Happets Elena Fantel commented: “This new chapter for the Happets team, now part of the Barkyn team, means offering a superior product for families, sharing the same mission: to give our dogs a better life. Joining forces with a recognized start-up in Europe and the pet market like Barkyn fills us with pride.”

Barkina supports 7 Graus, Five Seasons Ventures, Indico Capital Partners, All iron enterprises, Portugal Venturesand Shilling capital.

https://tech.eu/2022/09/21/portugal-s-barkyn-acquires-happets-bowl-makes-quantum-leap-in-innovation

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