Deal
CENTRAL GARDEN & PET CO acquires C&S Products
May 2019
Asset purchase
Ready
Snapshot
CENTRAL GARDEN & PET CO acquired C&S Products for approximately $30 million in May 2019. The transaction was structured as all cash. C&S Products is a United States-based Garden business.
- Acquirer
- CENTRAL GARDEN & PET CO
- Target
- C&S Products
- Value
- approximately $30 million
- Date
- May 2019
- Type
- Asset purchase
- Status
- Ready
01 Scorecard
The deal at a glance
Private-market deal
CENTRAL GARDEN & PET CO acquires C&S Products
Deal value
approximately $30 million
Sector
Garden
Date
May 2019
VectorShift
Made on VectorShift
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
Advisors not disclosed
No advisory firms have been disclosed for this transaction.