Jebsen Group Makes Its First Acquisition in Pet Industry

Jebsen Group, a 128-year-old family-owned marketing, distribution, and investment conglomerate servicing the Greater China region, has recently announced its first-ever acquisition in the pet industry. The company has acquired ADP Group, a leading pet food and supplies retailer known for its retail chain brands Q-Pets and Red Carrot, along its distribution business of brands such as Schesir or Gimborn.

ADP Group was founded in 1996 by two brothers, Alexander and Paul Yip. Over the years, the company has expanded its business operations and now has 42 brick-and-mortar retail chain stores, an e-commerce platform, and six franchise stores in Hong Kong. Additionally, ADP Group has established a wholesale presence and online e-commerce channels in mainland China.

Jebsen Group's recent acquisition of ADP Group positions the company to enhance and expand ADP's existing infrastructure, with the strategic aim of becoming a foremost player in both Hong Kong and Greater China. As the foremost pet care retailer in Hong Kong, Q-Pets presents significant opportunities to not only tap into the domestic market but also to expand further into Greater China.

Jebsen Group is dedicated to maintaining Q-Pets' position as the top choice for pet care customers and is committed to contributing to the growth and development of the pet care sector. The Yip brothers have expressed their confidence that Jebsen's expertise in brand building will further strengthen their market leadership and create new opportunities for international partnership for their company.

Jebsen Group is a family-owned leading brand builder with local market access, a strong financial foundation, and generations of experience in Greater China. With the support of Jebsen, ADP Group is well-positioned to become a leader in pet care in Greater China for generations to come.

As part of the acquisition, Alex and Paul Yip will remain an integral part of the business, with Alex shifting into an advisory role and continuing his involvement as a Director on the Board of ADP Group.

Overall, Jebsen Group's acquisition of ADP Group marks a significant milestone in the pet care and retail industry in Hong Kong and Greater China, and it's expected to have a positive impact on the growth and development of the sector in the years to come.