M&A Deal Summary

Pet Valu Acquires Les Franchises Chico

On February 25, 2022, Pet Valu acquired consumer products company Les Franchises Chico

Acquisition Highlights
  • This is Pet Valu’s 1st transaction in the Consumer Products sector.
  • This is Pet Valu’s 2nd transaction in Canada.
  • This is Pet Valu’s 1st transaction in Quebec.

M&A Deal Summary
Date 2022-02-25
Target Les Franchises Chico
Sector Consumer Products
Buyer(s) Pet Valu
Deal Type Add-on Acquisition

Target

Les Franchises Chico

Varennes, Quebec, Canada
Chico specializes in providing support services, accessories, food, and toys for all pets, with 66 franchised locations across Québec. Chico was formed in 1983 and is based in Varennes, Quebec.

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Buyer(S) 1

Buyer

Pet Valu

Markham, Ontario, Canada
Category Company
Founded 1976
Sector Retail
Employees2,185
Revenue 1.1B CAD (2023)
DESCRIPTION

Pet Valu is Canada's leading retailer of pet food and pet-related supplies with over 600 corporate-owned or franchised locations across the country. For more than 40 years, Pet Valu has earned the trust and loyalty of pet parents by offering knowledgeable customer service, a premium product offering and engaging in-store services. Pet Valu's neighbourhood stores offer more than 7,000 competitively-priced products, including a broad assortment of premium, super premium, holistic and award-winning proprietary brands. Pet Valu was incorporated in 1976 and is based in Markham, Ontario.

DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-23 Jack s Pets

Beavercreek, Ohio, United States

Jack's Pets is a pet foods supply retailer.

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