Spectrum Brands completed the acquisition of Armitage Pet Care from Rutland for $180m.

Spectrum Brands, a globally branded consumer products and home essentials company, completed the acquisition of Armitage Pet Care, pet supply stores, from Rutland Partners, a private equity investor, for $180m. “We are very excited to add a market leader in dog and cat chews and treats to our highly successful and fast-growing Global Pet Care business unit. Over the last few years, Armitage has grown sales at a 17% compound annual rate. We expect that our global scale and resources will not only help fuel future growth of the Armitage brands within the UK and across continental Europe and beyond, but will also strengthen its e-commerce business. I would also like to warmly welcome the Armitage team to the Spectrum Brands family. I am confident in our ability to create tremendous value together,” David Maura, Spectrum Brands Chairman and Chief Executive Offer.