News

Pet Valu and Pet Supermarket merge to form third largest pet retailer

July 12, 2016

Pet Valu and Pet Supermarket have merged to offer specialty pet retail and small format, neighborhood pet specialty retail services across North America.

The merge puts the company at 930 retail stores, generating approximately $1 billion in retail sales, according to a release.

Pet Valu was purchased privately by Roark Capital in 2009 and Pet Supermarket was purchased by Roark in 2015. Pet Retail Brands will remain headquartered in Ontario and Pet Supermarket will remain headquartered in Florida.  

"The combination of these two highly complementary businesses, both long established brands with strong cultures and deep commitments to local communities and helping pets … will benefit by sharing infrastructure, resources and best practices to deliver superb value to both Pet Valu and Pet Supermarket's loyal customers, committed employees and business partners," said Ezra Field, managing director of Roark Capital, in a release.

Thomas McNeely, CEO of Pet Valu since 2009, will become president and CEO of Pet Retail Brands.

"I look forward to working with all of the employees and suppliers of Pet Supermarket as well as Pet Valu franchisees to grow these brands," said McNeely, in a release.

Diane Holtz, Pet Supermarket president and CEO since 1992, has announced her retirement.

"I retire knowing this transaction positions Pet Supermarket for continued success on behalf of all its employees and partners. I am grateful for the support and guidance of the Roark Capital team and look forward to seeing Pet Supermarket continue to grow and delight pets and pet parents alike," said Holtz, in a release.