CENTRAL GARDEN & PET CO acquires DoMyOwn

CENTRAL GARDEN & PET CO acquired DoMyOwn for approximately $81 million, a transaction completed in December 2020, structured as all cash.

DoMyOwn operates in Garden, is based in United States. DoMyOwn is a leading and fast-growing online retailer of professional-grade control products, with strong eCommerce fulfillment and digital capabilities.

Strengthens Central's position in the control products category and adds a leading online fulfillment and digital capability.

Fast-growing eCommerce platform in professional-grade control products. Adds online fulfillment and digital capability to Central's control products business. Garden segment

On December 18, 2020, the Company acquired DoMyOwn, a leading online retailer of professional-grade control products, for approximately $81 million. The acquisition strengthens the Company's position in the control products category and adds a leading online fulfillment and digital capability. The purchase price exceeded the estimated fair value of the net tangible assets acquired by approximately $80.4 million, of which $11.9 million was allocated to identified intangible assets and approximately $68.5 million was included in goodwill.Central Garden & Pet, FY21 10-K, Acquisitions note

Advisory firms were not disclosed for this transaction.

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