CENTRAL GARDEN & PET CO acquired Segrest, Inc. for total aggregate consideration of approximately $60 million, a transaction completed in October 2016, structured as cash plus contingent consideration (earn-out).
Segrest, Inc. operates in Pet, is based in United States. Segrest, Inc. is a wholesaler of aquarium fish, supplying live fish and small animals to pet specialty and mass-merchandiser stores in the U.S. Acquired in the first fiscal quarter of 2017 (October 2016).
Adds the leading live-fish and small-animal wholesaling franchise, strengthening Central's aquatics and live-animal supply to pet specialty and mass channels.
Leading live-fish and small-animal wholesaler serving pet specialty and mass channels. Strengthens Central's aquatics franchise and live-animal supply chain. Pet segment (aquatics/live animals)
During the first fiscal quarter of 2017, the Company acquired Segrest, Inc., a wholesaler of aquarium fish, for total aggregate consideration of $60 million. The acquisition added live fish and small animals supplied to pet specialty and mass merchandiser stores in the U.S.Central Garden & Pet, FY18 10-K, MD&A and Business disclosures
Advisory firms were not disclosed for this transaction.