Petco Health and Wellness (WOOF) to Purchase Remaining Stake in Joint Venture with Thrive Pet Healthcare
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Petco Advances Veterinary and Services Focus with Purchase of Remaining Stake in Joint Venture with Thrive Pet Healthcare
March 3, 2022 4:30 PM ESTSAN DIEGO, March 3, 2022 /PRNewswire/ --Â As part of Petco Health and Wellness Company, Inc.'s (Nasdaq: WOOF) ongoing commitment to offer pet parents a one-stop solution to convenient, affordable, high-quality pet care, today, Petco and Thrive Pet Healthcare announced Petco has entered into a definitive agreement to purchase Thrive Pet Healthcare's 50% stake in the parties' pet hospital joint venture which currently operates nearly 100 full-service veterinary hospitals in Petco pet care centers across 14 U.S. states, under the THRIVE brand.
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