Clearlake Capital Acquires WellPet
November 18, 2020
Clearlake Capital Group has signed a definitive agreement to acquire The Wellness Pet Food Holdings Company (WellPet) from affiliates of Berwind Corporation. WellPet, headquartered in Tewksbury, Massachusetts, is a leading premium natural pet food and treats manufacturer with 400+ employees and production facilities in Indiana, Minnesota and the Netherlands; Clearlake plans to invest in growth, brand innovation and build a consolidation platform in the premium pet food category.
- Targets
- The Wellness Pet Food Holdings Company (WellPet)
- Sellers
- Affiliates of Berwind Corporation
- Industry
- Food & Beverage
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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