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04.08.2010
Fressnapf acquires Swiss Pet Vision AG shares
As of January 1st 2011, the Krefeld-based Fressnapf Group will be the sole holder of its Swiss subsidiary Pet Vision AG. Rolf Styger, Managing Director of Pet Vision, has decided to sell his shares in the company to Fressnapf founder and proprietor Torsten Toeller. Toeller has until now held a 35 percent share. "Building up Fressnapf Switzerland from 0 to 100 has been an extremely satisfying process. I have thoroughly enjoyed working with so many dedicated employees," says Rolf Styger. "After 13 years and much thought, I have decided to listen to my entrepreneur’s heart and begin something completely new."
"Fressnapf Switzerland is very well positioned with regards to personnel, organization and finance," says Torsten Toeller. "With the acquisition of these shares, we are ready to take the next step from 100 to 200!" Rolf and his team have worked hard over the past years to achieve such a good position in the Swiss retail sector and have laid the foundation for future market leadership, according to Toeller.
Toeller shares Styger's goals for the company and its employees – to further increase its market share while continuing to live out the love of pets at the heart of the company’s mission statement.
Rolf Styger is expected to remain head of Pet Vision AG until mid to late 2011 until a new country manager is found and shown the ropes.
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