PetSmart recently announced it has entered into a definitive agreement to acquire Chewy.com (Chewy Inc), the leading online pet retailer of pet food and other products according to AZCENTRAL.COM.
PetSmart which operates more than more than 1,500 pet stores in the U.S., Canada and Puerto Rico is reportedly paying about $3.35 billion for Chewy.com.
Chewy is based in Dania Beach, Florida and operates fulfillment centers in Indiana, Nevada, Pennsylvania, Texas and is scheduled to soon open a new facility in Florida.
The acquisition, which is subject to customary regulatory approvals, is expected to close by the end of PetSmart’s second fiscal quarter of 2017.
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PETSMART NEWS RELEASE: 4.18.17
-PetSmart Announces Agreement to Acquire Chewy, A Leading Online Pet Retailer
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