Finance
Dog food maker Ollie acquired by Spain’s Agrolimen
Published by Global Banking & Finance Review®
Posted on February 6, 2026
2 min readLast updated: February 6, 2026
Quick Summary
Ollie, a fresh dog food brand, has been acquired by Agrolimen for over $600 million, enhancing its presence in the U.S. pet food market.
Ollie, the Fresh Dog Food Brand, Acquired by Spain's Agrolimen
Ollie's Acquisition by Agrolimen
By Abigail Summerville
Details of the Deal
Feb 6 ((Reuters)) - Fresh dog food maker Ollie has been acquired by family-owned Spanish conglomerate Agrolimen, according to a statement from Ollie viewed by Reuters on Friday, in a deal that sources said values the brand at over $600 million.
Ollie's Market Position
The acquisition will strengthen Barcelona, Spain-based Agrolimen’s presence in the U.S. pet food market. Ollie makes fresh, human-grade dog food and uses a subscription-based model.
Future of Ollie Post-Acquisition
Ollie did not comment on the value of the deal and Agrolimen did not respond to requests for comment about the deal value.
The fresh pet food market has exploded as consumers continue to spend top dollar on their pets. Most like Ollie and The Farmer's Dog are still private but Freshpet went public in 2014.
Agrolimen, owned by the Carulla family, has several pet food investments including Nature’s Variety in the U.S. and Affinity Petcare in Europe. It also owns food company GBFoods, formerly known as Gallina Blanca.
New York City-based Ollie was founded in 2016 by Gabby Slome, Alex Douzet and Randy Jimenez. They brought on investors including Primary Venture Partners, Canaan Partners, Quadrille Capital, ECP Growth and Lerer Hippeau.
There are no changes planned to Ollie’s leadership or operations and it will continue to be headquartered in the U.S. and led by its existing management team, according to the statement.
(Reporting by Abigail Summerville in New York. Edited by Dawn Kopecki and Chizu Nomiyama )
Key Takeaways
- •Ollie acquired by Spanish conglomerate Agrolimen.
- •Deal values Ollie at over $600 million.
- •Agrolimen strengthens U.S. pet food market presence.
- •Ollie to maintain current leadership and operations.
- •Fresh pet food market continues to grow rapidly.
Frequently Asked Questions about Dog food maker Ollie acquired by Spain’s Agrolimen
1What is an acquisition?
An acquisition occurs when one company purchases most or all of another company's shares to gain control. This can lead to increased market share and operational synergies.
2What is a market position?
Market position refers to the rank of a company or brand in comparison to its competitors in the same industry, often determined by market share and brand perception.
3What is a subscription-based model?
A subscription-based model is a business strategy where customers pay a recurring fee to gain access to a product or service, often providing a steady revenue stream for the company.
