August, 2019
In 2019 YTD, strategic buyers accounted for 82% of Pet M&A transactions while financial buyers making up the difference. During 2018, strategic buyers accounted for approximately 97% of the transactions.
Select recent notable publicly announced M&A transactions:
– Sergeant’s acquired PetIQ for approximately $185 million.
– Smucker’s acquired Ainsworth for approximately $1.9 billion.
– Hines Resource Group acquired Spectrum Brands for approximately $2.3 billion.
– General Mills, Inc. acquired Blue Buffalo Pet Products, Inc. for approximately $8.3 billion.
– The Riverside Company acquired Petstages for an undisclosed amount.
– The Riverside Company acquired Bionic for an undisclosed amount.
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