Central Garden & Pet to acquire 80% of TRIXIE for up to €400M

CENTRAL GARDEN & PET CO

Upfront cash consideration of ~€340M plus earn-out up to €60M based on 2026 performance.
TRIXIE is Europe's leading pet supplies and snacks company with ~600 employees and 6,000+ products.
Expected close in first half of fiscal 2027, subject to regulatory approval and customary conditions.
TRIXIE management (Dirk Jessen, Burkhard Friedrichsen, Danny Bollerey) to continue; founders retain 20% stake.
Acquisition creates a scaled European platform; aligns with Central to Home strategy.

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