The acquisition does not include Perromart’s liabilities such as bank loans and trade creditors.
Malaysian pet food retailer Petico has acquired Perromart’s assets. Perromart is a Singaporean online retailer that sells pet food, accessories and others.
The acquisition includes Perromart’s inventory, customer data, domain name, warehouse equipment and fittings, as well as intellectual property (IP) rights for Perromart’s in-house brands.
