PetMed Express (PETS) to Acquire PetCareRx
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PetMeds® to Acquire PetCareRx
January 17, 2023 8:30 AM ESTDELRAY BEACH, Fla., Jan. 17, 2023 (GLOBE NEWSWIRE) -- PetMed Express, Inc. (PetMeds®) (NASDAQ: PETS), Your Trusted Pet Health Expert, has reached a definitive agreement to acquire PetCareRx, a leading supplier of pet medications, food, and supplies.
The combined entities will expand PetMeds existing base of over two million customers and will add approximately 10,000 incremental wellness products to the companys existing product offering. The acquisition of PetCareRx gives PetMeds an immediate revenue boost, and the company believes it can expand on that growth through an expanded product catalog and differentiated services.
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