Pet Service Holding is experiencing growth and anticipates a fundraising round.

Pet Service Holding NV, a European player in veterinary products and animal care, announced an increase in its revenue to €7.4 million for the first half of 2026, despite a decline in pharmaceutical sales. The gross margin improved to 35%. Furthermore, the company plans to raise up to €4 million to support its growth.

The group aims for a turnover of 50 million euros by 2029-2030. To achieve this, it plans to strengthen its equity through shares combined with convertible bonds, while developing its Budget Pets store chain, the second site of which will open in Arnhem in December 2026.

PSH continues to explore various levers to maintain its financial position, including legal action against Asklepios BV and the refinancing of its real estate assets.