Caduceus completed the acquisition of McLovin's for $113m.

Caduceus, a holding company, completed the acquisition of McLovin's, a pet food manufacturer, for $113m. "We have been working tirelessly to get to this point. We are looking forward to the next step in this journey. McLovin's team has been actively developing sales and new distribution channels. We cannot wait to announce the progress achieved so far on that front. This is the first of many great announcements by the Company regarding the execution of its strategy to create value for shareholders and to reach the requirements for an uplisting to the Nasdaq," Alex Chen, Caduceus CEO.