Oil-Dri Corporation of America Acquires Ultra Pet Company
May 1, 2024
Oil-Dri Corporation of America (NYSE: ODC) completed its previously announced $46 million acquisition of Ultra Pet Company, Inc., a supplier of silica gel–based crystal cat litter. The deal, funded with cash-on-hand and existing credit facilities, expands Oil-Dri's product portfolio into the crystal cat litter segment and aims to drive growth through combined commercial and operational capabilities.
- Buyers
- Oil-Dri Corporation of America
- Targets
- Ultra Pet Company, Inc.
- Industry
- Consumer Products
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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