CENT jumps on bedding opportunity

Central Garden & Pet CEO John Ranelli said his company is excited to acquire the industry leading dog and cat bedding company.

 The Walnut Creek, California-based Central Garden & Pet paid $61 million for the pet bedding business and certain other assets of National Consumers Outdoors Corp., formerly known as Dallas Manufacturing Company.

“Bedding is the fifth largest category in dog and cat supplies and is growing at a healthy rate,” said Ranelli, “The acquisition fits right into our strategy of building a portfolio of growing businesses and categories, and is a strong complement to Central’s current broad portfolio of pet products.”

Central Garden & Pet, which describes itself as a “leading innovator, marketer and producer of quality branded products for the lawn and garden and pet supplies markets,” said it will bring DMC’s management team into the Central family.