Musti Group plc Stock Exchange Release 18 December 2025 at 12.00 a.m.
Change in Musti Group's Management Team (GMT)
Following the acquisition of ZU which extended the Musti network to 474 stores, 54 Vet clinics, and 196 Spas in 7 countries with 22% of sales online, Mr Tobias Azevedo, MBA, BSc, the General Manager of ZU, will join the Musti GMT as of January 1st, 2026.
"I'm extremely happy to welcome Tobias to Musti and the GMT. Tobias has an impressive understanding of the Portuguese and Iberian retail landscape, and we are happy to have him onboard to develop our growing business operations in Iberia." David Rönnberg, CEO, Musti Group
Mr Azevedo holds an MBA from the Porto Business School (2020-2021) and a BSc in Business & Management from the University of Hull (2012-2015). He has held several positions in the Sonae Group in both Portugal and Spain since 2016 with a strong focus in e-commerce, retail and strategic management.
For additional Information:
Martin Svedholm
Director, Treasury, Insurance and Investor Relations
tel. +358 50 579 0324, martin.svedholm@mustigroup.com
Distribution:
Nasdaq Helsinki
Principal media
www.mustigroup.com
Musti Group in brief
Musti makes the life of pets and their owners easier, safer and more fun. We are the leading Nordic pet care company, and we operate an omnichannel business model to cater for the needs of pets and their owners across Finland, Sweden and Norway. We offer a wide, curated assortment of pet products. We also provide pet care services such as grooming, training and veterinary services in selected locations.
Musti Group's net sales were EUR 444 million during the past 12 months (calendar year 2024). At the end of year 2024, the company had over 2,000 employees, 1.9 million customers and 415 stores.