Announced
Synopsis
Tractor Supply Company, a rural lifestyle retailer in the United States, agreed to acquire Allivet, a privately held online pet pharmacy. Financial terms were not disclosed. "We are pleased to announce the acquisition of Allivet, a leading online pet pharmacy. This acquisition enhances the benefits we can offer to our 37 million Neighbor’s Club members with an easy and cost-effective solution to obtain medications and specialty items for their pets and livestock. Allivet is a best-in-class platform with an exceptional management team and a robust financial profile. This strategic tuck-in acquisition exemplifies our commitment to delivering value and growth as we expand our total addressable market. We look forward to welcoming the Allivet team to Tractor Supply,” Hal Lawton, Tractor Supply President and CEO.
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