Central Garden & Pet Acquires Pet Treat Company TDBBS; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Central Garden & Pet (NASDAQ:CENT) (NASDAQ:CENTA) has acquired TDBBS, a provider of premium natural dog chews and treats, from Bregal Partners. The acquisition will expand Central's portfolio and strengthen its eCommerce and digital capabilities. TDBBS's brands and digital capabilities will solidify Central's position in the dog treats and chews category and strengthen its footprint with key customers.
November 03, 2023 | 8:05 pm
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POSITIVE IMPACT
The acquisition of TDBBS by Central Garden & Pet (CENT) is expected to strengthen its portfolio and eCommerce capabilities, potentially leading to increased revenues.
The acquisition of TDBBS will expand Central's product range and enhance its digital capabilities. This could lead to increased sales and revenues, potentially boosting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The acquisition of TDBBS by Central Garden & Pet (CENTA) is expected to strengthen its portfolio and eCommerce capabilities, potentially leading to increased revenues.
The acquisition of TDBBS will expand Central's product range and enhance its digital capabilities. This could lead to increased sales and revenues, potentially boosting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100