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2 clusters · 6 sources · 10 days · First seen · Last updated

Central Garden & Pet TRIXIE acquisition

Overview

In late July 2026 Central Garden & Pet announced a definitive agreement to acquire a majority interest in TRIXIE Heimtierbedarf, the German leader in pet supplies. The deal would give Central roughly 10 % of its net sales outside the United States and expand its footprint across key European markets, with the transaction slated to close in the first half of fiscal 2027 pending regulatory approval.

A week later, Central reported its third‑quarter fiscal 2026 results, noting an 8 % decline in net sales driven by the exit from its pet‑distribution business but modest organic growth elsewhere. The company raised its adjusted EPS guidance for FY 2026 and reiterated the pending 80 % stake acquisition of TRIXIE for up to €400 million, confirming the expected closing timeline and indicating that the deal is excluded from current guidance.

Entities

Niko Lahanas · TRIXIE · Central Garden & Pet · Brad Smith · Central Garden & Pet Company

Timeline

  1. 9 days ago

    [BUSINESS] 3 sources
    Central Garden & Pet Boosts FY 2026 EPS Outlook, Plans TRIXIE Deal

    Central Garden & Pet posted Q3 revenue of $882 million, EPS $1.54, raised FY2026 EPS guidance to $2.85, and announced an 80% stake acquisition of TRIXIE for up to €400 million.

  2. 19 days ago

    [BUSINESS] 3 sources
    Central Garden & Pet acquires majority interest in TRIXIE, Europe's leading pet supplies firm

    Central Garden & Pet will acquire a majority stake in German pet‑supplies leader TRIXIE, expanding its European presence; the deal closes in H1 2027, terms undisclosed.

Sources

forumexpress.de · juve.de · mommygearest.com · pulse2.com · seekingalpha.com · stocknews.com