Add-on Acquisition • Consumer Services

Mars Acquires Banfield Pet Hospital

On January 1, 2007, Mars acquired consumer services company Banfield Pet Hospital

Acquisition Context
  • This is Mars’ 1st transaction in the Consumer Services sector.
  • This is Mars’ 3rd transaction in the United States.
  • This is Mars’ 1st transaction in Oregon.

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M&A Deal Summary

Date January 1, 2007
Target Banfield Pet Hospital
Sector Consumer Services
Buyer(s) Mars
Deal Type Add-on Acquisition

Target Company

Banfield Pet Hospital

Portland, Oregon, United States
Banfield Pet Hospital, Inc. is a nationwide network of more than 770 animal hospitals.
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Buyer Overview 1

Buyer

Mars

McLean, Virginia, United States

Category Company
Founded 1911
Sector Food
Revenue 33.0B USD (2015)
DESCRIPTION

Mars is a global manufacturer of confectionery, pet food, and other food products and a provider of animal care services. Mars was established in 1911 and is headquartered in McLean, Virginia.


Deal Context for Buyer #
Overall 3 of 22
Sector: Consumer Services 1 of 5
Type: Add-on Acquisition 3 of 18
State: Oregon 1 of 1
Country: United States 3 of 15
Year: 2007 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-13 Doane Pet Care

Franklin, Tennessee, United States

Doane Pet Care Company is the largest manufacturer of dry pet food in the United States. The Company manufactures products for both retail customers, including WalMart, and national branded pet food companies. Doane also manufactures and sells its own regional branded products. The Company produces a full range of pet food for both dogs and cats including dry, canned, semi-moist, soft treats and dog biscuits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-01 Nutro Products

Franklin, Tennessee, United States

Nutro Products, Inc. is a marketer and manufacturer of natural pet food products.

Buy -