How Dominiek Dumoulin transformed United Petfood into a 168 million euro empire

Dominiek Dumoulin

The Dumoulin family name has a long history associated with various fields of activity. Recently, it has become notable in the pet food production sector through United Petfood. Initially founded in 1937 by Michel Dumoulin as a livestock feed producer, the company gained new impetus under the management of Dominiek Dumoulin, who, from 1993 onwards, expanded the range of products on offer. dry food for dogs and cats. Dominiek Dumoulin has created a fortune of over €168,279,290.

The company has grown rapidly in recent years, with the acquisition of several production sites in France, the Netherlands and the opening of a new plant in France. Polandsignificantly increasing its presence in the European market. In 2018, the company asserted its position by purchasing the Spanish brand Bynsa Group, consolidating its place in the industry with a significant increase in sales.

Run by Dominiek Dumoulin and his cousin Dries Eeckhout, United Petfood benefited in 2016 from a major investment by venture capital firm Waterland, which acquired 50% of the shares. This capital injection stimulated a series of strategic buyouts, expanding the product range to wet food, cookies and treats.

United Petfood's capital will change in 2021, with a transfer of control to the Argos company, with Waterland as majority shareholder. The decisions taken reflect a shared vision that emphasizes focus, rigor and professionalism, with a clear focus on growth and expansion.

Thanks to a thoughtful partnership with Waterland, United Petfood has been able to significantly increase its business volume, which has grown tenfold between Waterland's entry in 2016 and 2024. The market experience acquired by Waterland is cited as a key factor positively influencing relevant acquisition decisions.

With an extensive presence in Europe, including factories in countries such as Belgium, Hungary, Italy, Romania, Spain, Turkey, France, Poland, the UK, the Netherlands and Denmark, United Petfood demonstrates international ambition. Its strategy of rapid growth, while maintaining tight control over quality and innovation, positions it as a major player in the globalized pet food market. Dominiek Dumoulin and Michel Dumoulin have made the Dumoulin family one of the world's leading producers of pet food. with Petfood and assets of over 160 million euros.