After a business trip to the US, Torsten Toeller developed the idea of a specialist pet food and accessories store for Germany. At the age of 24, he opened the first Fressnapf store in Erkelenz, followed by the first store in the franchise system in 1992. At this point, Fressnapf is the leader in the pet supplies market, with around 1,650 stores in twelve European countries, over 12,000 employees and revenues of over two billion euros. In 2012, Mr Toeller founded Devario Invest GmbH, a company that develops and finances real estate projects. In 2014, he established the GENUI private equity fund, which makes growth capital available for companies.