The Belgian pet supplies retailer Tom & Co. appears to be serious in its intention to become one of the leading European players in pet retailing. It has been reported that the company has brought another top manager onto its board of directors with Jesper Hojer, the former boss of Lidl International.
This spring, Tom & Co. acquired a new partner in Belgian investor Verlinvest, which now has over half of the shares in the company. Tom & Co. should thus have an adequate war chest with which to implement its proposed expansion plans quickly. The speciality chain aims to increase its number of stores to 250 by 2026, according to recent reports by Belgian media outlets.
