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Sonae

Sonae's Musti Walks Into Norway With the Petco Retail Acquisition on Tuesday 13 May — Nordic Pet-Care Champion Adds Its Fourth Country, ZU's 68 Portuguese Stores Sit Outside the Deal Perimeter

Sonae's Musti Walks Into Norway With the Petco Retail Acquisition on Tuesday 13 May — Nordic Pet-Care Champion Adds Its Fourth Country, ZU's 68 Portuguese Stores Sit Outside the Deal Perimeter

Sonae's Nordic pet-care subsidiary Musti acquired Norway's Petco Retail AS on Tuesday 13 May, taking the Helsinki-based champion into its fourth Nordic country. Portugal's ZU chain — 68 stores and €8.4M in quarterly sales — stays on a separate perimeter inside Sonae MC.
The Portugal Brief
Sonae's International Sales Climb 45% Past €2.3 Billion in 2025 — Maia Holding Adds 1,070 Stores Abroad, Pushes Foreign Revenue Above 20% of the Group for the First Time and Books €247 Million of Attributable Net Profit

Sonae's International Sales Climb 45% Past €2.3 Billion in 2025 — Maia Holding Adds 1,070 Stores Abroad, Pushes Foreign Revenue Above 20% of the Group for the First Time and Books €247 Million of Attributable Net Profit

Sonae's 2025 international sales reached €2.3 billion (+45% YoY), offshore revenue past 20% of the group for the first time. The Maia holding added 74 net stores abroad to reach 1,070, lifted consolidated revenue 14.2% to €11.4 billion and printed €247M of attributable net profit.
The Portugal Brief