Pet Valu and Pet Supermarket today announced that they have merged to create the third largest pet specialty retailer and the largest small format, neighbourhood, pet specialty retailer in North America. The combined business is named Pet Retail Brands. With over 930 stores, it will generate approximately $1 billion (€902 billion). Terms of the agreement were not disclosed.
Both Pet Valu and Pet Supermarket are one-stop shops for customers, offering a broad selection of premium pet food, supplies and services sold by trained professional staff who provide knowledgeable and friendly advice, enhancing the overall customer experience. Small format stores provide pet parents with the convenience to shop locally in a community-oriented and caring environment, delivered by employees who develop lasting connections with their customers.
Pet Valu was taken private by an affiliate of Roark Capital in August 2009. Pet Supermarket was acquired by an affiliate of Roark Capital in April of 2015. Pet Retail Brands will remain headquartered in Markham, Ontario and Pet Supermarket operations will continue to be based in Sunrise, Florida.
