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Croci is ready for international expansion after acquisition


Jan 20, 2022
The Italian pet accessories company sells 70% of its company to private equity company Mandarin Capital Partners.

Croci started over 30 years ago as a distributor and has evolved into developing and creating a wide range of pet accessories: kennels, leashes, aquariums, games, snacks and hygiene products.

The company has seen significant growth over the last few years and have closed 2021 with a turnover of around €50 million ($56.7M). 35% of its revenue comes from international customers.

Previously, Croci has acquired pet companies Canifrance (a French leashes company) and Amtra (a German aquariums accessories company). it also opened a Chinese subsidiary to grow in the Chinese market.

The acquisition by Mandarin will support the company's internationalization plans.
 
 


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