Pet Industry Deal Activity – Q3 2013
Pet Industry M&A activity has slowed down slightly in Q3 2013, with 7 transactions announced compared to 10 in the second quarter. Strategic acquisitions continue to dominate deal activity within the industry, with a particular focus on distribution services. Major players like Animal Supply Co. and Pet food Experts have increased their distribution territories through acquisitions in the past quarter.
Following the trends of the first half of the year, Q3 had numerous mergers and acquisitions involving strategic industry insiders looking to grow through acquisition. We expect this trend to continue throughout the rest of the year.