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Trixie pet treats in Germany sells majority stake to Central Garden & Pet
['Simon Harvey', 'July', 'Min Read']
Yahoo Finance
Nasdaq-listed Central Garden & Pet Company has entered an agreement to acquire a majority stake in fellow dog and cat treats business Trixie.
Financial terms were not disclosed in a statement from Walnut Creek, California-based Central Garden & Pet, which delivered total group sales last year of $3.1bn.
Central Garden & Pet said the acquisition "represents a major step in expanding the company's presence in Europe".
The deal is expected to close in the first half of Central Garden & Pet's 2027 fiscal year, which concludes in September.
"Trixie pet treats in Germany sells majority stake to Central Garden & Pet" was originally created and published by Just Food, a GlobalData owned brand.