CENTRAL GARDEN & PET CO acquired C&S Products for approximately $30 million, a transaction completed in May 2019, structured as all cash. The deal was a Asset purchase.
C&S Products operates in Garden, is based in United States. C&S Products is a manufacturer of suet and other wild bird feed products.
Adds suet and wild-bird-feed manufacturing to Central's garden/wild-bird category.
Suet and wild-bird-feed manufacturing capacity. Complements Central's Pennington wild bird feed business. Garden segment
In May 2019, the Company purchased C&S Products, a manufacturer of suet and other wild bird feed products, for approximately $30.0 million. The purchase price exceeded the estimated fair value of the net tangible assets acquired by approximately $15.8 million, of which $10.9 million was allocated to identified intangible assets and approximately $4.9 million was included in goodwill.Central Garden & Pet, FY21 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.