Reale Group has signed an agreement with Canitas, a company specializing in subscription-based veterinary services, which includes the insurer acquiring an 18.9% stake in the company. This transaction aligns with Reale’s diversification strategy and its commitment to developing a service ecosystem focused on the pet sector.
The long-term agreement foresees the joint development of integrated solutions aimed at customers, veterinary professionals, and the broader pet ecosystem. For Canitas, the deal represents a strategic milestone that will support its growth and expansion plans in the coming years. Aurica Capital, which has held a 60% stake since 2023, will remain the majority shareholder and aligned with the management of the company.
Founded in 2012, Canitas currently operates 28 veterinary clinics and employs more than 150 professionals, serving over 50,000 pets. The company has developed a model inspired by the concept of a “social security system” applied to animal healthcare, offering comprehensive veterinary care through a fixed monthly fee, with no copayments or waiting periods, and ensuring access regardless of pet owners’ financial capacity.
With this agreement, Reale — through its Spanish pet care business unit, Reale Blue Service — reinforces its commitment to animal welfare. Reale Services S.r.l. was advised in Spain by Deloitte Corporate Finance (M&A Advisory).
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