JAB Digs Its Paws Deeper Into Pet Care

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Protecting our furry family members is no small matter. The pet health insurance sector exceeded $2 billion last year, recording its sixth straight year of double-digit growth, according to the North American Pet Health Insurance Association.

JAB Holding Company sees plenty more growth on the horizon, announcing on Tuesday it has taken a majority stake in Cardif Pinnacle (a pet insurance subsidiary of BNP Paribas) and acquired Chicago-based Figo Pet Insurance.

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Source Fool.com