Phillips Pet Food & Supplies is reportedly in talks with potential buyers to sell the distribution company in a deal that could be worth nearly US$600 million.
The family owned company recently hired Harris Williams to seek out buyers, according to sources. The company, based in Easton, Pennsylvania, USA, has nearly US$60 million in annual earnings before tax, interest, depreciation and amortization, and may be looking to sell the company for an amount 10 times its annual earnings.
The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
Aunt Jeni's Home Made promotes the health and longevity
of pets with their natural and raw lines of products
Learn about more companies and how they are lending a helping paw and claw to their own cause campaigns
It gives more direct control to CVM in establishing and maintaining ingredient definitions
The intent was to educate regulators and industry about the Model Pet Food Regulations
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
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