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Private Equity | Consumer & Retail

Nuzoa has acquired Agrofauna

February 2026 — Nuzoa, a provider of value-added services for pets and livestock in the Iberian Peninsula, has acquired 100% of Agrofauna. This transaction reinforces Nuzoa’s presence in the Portuguese market, particularly in the northern region, marking another step toward its ambition to become the leading operator while further consolidating its brand across Iberia.

Nuzoa is a prominent distributor of animal health products and services in Spain, catering to both the pet and livestock sectors. Formed through the simultaneous acquisition of four regional companies, Nuzoa is a build-up enterprise. The company provides a comprehensive catalog of over 17,000 products, including pharmaceuticals, equipment, consumables, food and pet accessories, meeting the diverse needs of veterinarians, farmers and pet retailers.

Agrofauna was founded in the 1970s with a primary focus on supplying feed and supplements for livestock. In the late 1980s, the company obtained a wholesale distribution license for veterinary medicines, relocated its operations and entered a period of steady revenue growth. In the early 1990s, Agrofauna made a strategic move to the Greater Porto area and shifted its focus to the pet animal segment, which remains central to its activities. Today, the company operates across two main segments: pharma, primarily focused on veterinary medicines for pet animals, and pet food.

Our role in the transaction

Oaklins’ team in Portugal acted as the exclusive buy-side M&A advisor to Nuzoa, supporting this strategic add-on acquisition in the Portuguese market.

Parties

Talk to the deal team

Vera Pinto

Managing Director
Lisbon, Portugal
Oaklins Portugal

Diogo Torrado

Partner
Lisbon, Portugal
Oaklins Portugal

Rodrigo Gonçalves

Analyst
Lisbon, Portugal
Oaklins Portugal

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