[“Pet Supplies company” buys “Pet Supplies company”]
Central Acquires Super Pet —June 3, 2005—Central Garden & Pet Co. of Walnut Creek, Calif., acquired Pets International Ltd. of Elk Grove Village, Ill., for about $35 million “plus a potential earnout over the next seven months,” Central announced this morning.
Wal-Mart Begins Online Sale of Pet Goods
[“Retail Giant Advertising Pet Merchandise Online”]
June 2, 2005— see previous entry in this blog
VCA Antech, Inc. and Pet’s Choice, Inc. Announce Definitive Merger Agreement
[“Animal Hospital company” merges with “Animal Hospital company”]
VCA Antech, Inc. and Pet’s Choice, Inc. Announce Definitive Merger Agreement
LOS ANGELES–(BUSINESS WIRE)–May 23, 2005 05:38 PM US Eastern Timezone—VCA Antech, Inc. (NASDAQ:WOOF), a leading animal healthcare company in the United States, and Pet’s Choice, Inc. (“Pet’s Choice”) today announced the signing of a definitive merger agreement. Under the agreement, VCA Antech (the “Company”) will acquire Pet’s Choice for $60 million (less assumed debt), to be paid in cash. Pet’s Choice operates 46 animal hospitals in five states with annual revenues in fiscal year ended March 27, 2005 of $69.4 million. On completion of the merger, the combined companies will operate 365 animal hospitals in 37 states.
Merger: IVX Animal Health forms to serve veterinary markets – 2005-05-11
Merger: IVX Animal Health forms to serve veterinary markets
[“Veterinary drug maker company” buys “Veterinary drug maker company”]–May 11, 2005–Ivax said it has completed its purchase of a generic veterinary drug maker and plans to headquarter a new division, IVX Animal Health, in St. Joseph, Mo. The Miami-based drug maker said the combined company will continue to offer products directly to veterinarians, farmers, pet owners and distributors to treat pets and livestock. Ivax (AMEX: IVX) also said the combination will have the largest product portfolio in the industry….
–February 16, 2005–Ivax Corp. agreed to buy Phoenix Scientific, a generic veterinary drug maker. An agreement calls for Ivax to pay a combination of $196.85 million in cash and $75 million common stock for all of Phoenix.
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Greetings.
You may or may not have noticed, but there has been recent news of buying and merging of companies in the pet industry in the past month. They affect the pet medicine market, the pet health care market and the pet supplies and merchandise market. The amount of money involved is mind blowing to me.
I remember back in 2001 when the Swiss company “Nestle S.A.” acquired “Ralston Purina Co.” and became “Nestlé Purina PetCare Company”, albeit vaguely, that there were also a lot of acquisition and mergers of many pet related companies before that happened, and one day in the shower I said to myself ..
“Well Geeeez .. Ya should of seen that coming”
Well .. maybe it’s that time again. Is there something I don’t know? Did I just come up with a brilliant idea? Am I crazy and just babbling?
Well, perhaps a little of all of the above 😀
But, just in case there are people wondering, here is a quick net search on Yahoo! of potential companies out there.
Pet Food Products in the Yahoo! Directory
Who do you think would be good candidates for a merge or acquisition?
What would you name the company?
Take care.
HART
PetLvr.com
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