M&A
confidence high
sentiment positive
materiality 0.65
Tractor Supply to acquire online pet pharmacy Allivet in all-cash deal
TRACTOR SUPPLY CO /DE/
- All-cash acquisition of Allivet, a privately held online pet pharmacy licensed in all 50 states.
- Expected to close in Tractor Supply's fiscal Q1 2025, subject to regulatory approvals.
- Deal projected to be diluted EPS accretive in year one; expands TAM by $15 billion.
- Allivet will serve Tractor Supply's 37M Neighbor's Club members, ~75% of whom own pets.
- Allivet has three distribution centers and offers next-day delivery to most of the U.S.