CENTRAL GARDEN & PET CO acquires Interpet Limited
Snapshot
CENTRAL GARDEN & PET CO acquired Interpet Limited for approximately $26.7 million (plus approximately $1.1 million working capital) in April 2004. The transaction was structured as all cash. Interpet Limited is a Surrey, England (United Kingdom / EU)-based Pet business.
- Acquirer
- CENTRAL GARDEN & PET CO
- Target
- Interpet Limited
- Value
- approximately $26.7 million (plus approximately $1.1 million working capital)
- Date
- April 2004
- Type
- Asset purchase
- Status
- Ready
The deal at a glance
CENTRAL GARDEN & PET CO acquired Interpet Limited for approximately $26.7 million (plus approximately $1.1 million working capital), a transaction completed in April 2004, structured as all cash. The deal was a Asset purchase.
Interpet Limited operates in Pet, is based in Surrey, England (United Kingdom / EU), had revenue of about approximately $30 million annual sales. Interpet Limited, based in Surrey, England (a division of Lawrence PLC), is a leading manufacturer and supplier of branded aquatic, pond, pet book and pet supplies products in the United Kingdom and continental European Union under brands including Interpet, Blagdon, PetSafe, Pet Love, Red Rum and Mikki.
Gives Central a strong pet-supply platform in the United Kingdom, expands distribution of existing branded pet products in Europe and adds premium pet brands to the portfolio.
Leading UK aquatics/pet-supply platform providing European distribution reach. Expands distribution of Central's branded pet products into the UK and Europe. Pet segment
No advisory firms have been disclosed for this transaction.