The British pet retailer Jollyes has announced the acquisition of Penparc Pet Centre Group. The company bought the five stores in Cannock, Stafford, Stoke-on-Trent, West Bromwich and Telford, which have now become part of the Jollyes family. The purchase is the latest move by Jollyes, with the backing of Kester Capital, to accelerate growth and has been completed with financial support from HSBC.
Following the opening of a new store in Southport, the move takes the number of Jollyes stores to 80. With seven other openings planned across the UK over the coming weeks, the retailer is on track to deliver on its promise to open 20 new stores by May 2023.