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Central Garden & Pet, Phillips Pet launch joint venture for pet distribution

PUBT·04/13/2026 15:23:18
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Central Garden & Pet, Phillips Pet launch joint venture for pet distribution
  • Central Garden & Pet entered strategic pet distribution joint venture with Phillips Pet Food & Supplies to build nationwide distribution platform under Phillips brand.
  • Central will receive cash proceeds, retaining 20% stake; Phillips and investors led by Axar Capital Management will hold remaining 80%.
  • Joint venture will operate as independent entity, targeting growth opportunities through expanded reach and improved service across US pet retail channels.
  • Central Pet Distribution employees are expected to transition to new business to maintain customer and vendor relationships.
  • Blaine Phillips will lead joint venture as CEO and chairman.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Central Garden & Pet Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202604131123BIZWIRE_USPR_____20260413_BW443478) on April 13, 2026, and is solely responsible for the information contained therein.