Spectrum Brands Acquires Armitage Pet Care from Rutland Partners

October 26, 2020

Spectrum Brands Holdings acquired Armitage Pet Care from Rutland Partners for an enterprise value of £140 million, completing the sale on 26 October 2020. The acquisition brings the Good Boy-branded pet treats and toys business into Spectrum's European pet-care portfolio and follows a period of operational transformation under Rutland (sales grew to over £65m).

Buyers
Spectrum Brands Holdings, Inc.
Targets
Armitage Pet Care
Sellers
Rutland Partners
Location
United Kingdom
Transaction Type
Buyout

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