ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CENT Central Garden and Pet Co

39.36
1.30 (3.42%)
Last Updated: 16:30:56
Delayed by 15 minutes
Share Name Share Symbol Market Type
Central Garden and Pet Co NASDAQ:CENT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 3.42% 39.36 39.25 39.35 39.435 38.17 38.17 17,030 16:30:56

Central Garden & Pet Acquires Ironite Products Brand; Leading Brand of Natural Soil Supplements Expands Portfolio of Highly Eff

24/04/2006 10:00pm

Business Wire


Central Garden and Pet (NASDAQ:CENT)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Central Garden and Pet Charts.
Central Garden & Pet Company (NASDAQ:CENT) today announced that it acquired the rights to the Ironite(R) Products brand of natural soil supplements and intellectual property for approximately $6 million. Ironite, a registered trademark since 1956, is a leading producer of environmentally-friendly soil supplements that promote healthy plant color and deeper root structures. "Ironite is a leading, well-respected brand in natural gardening," commented Glenn Novotny, President and Chief Executive Officer of Central Garden & Pet. "This acquisition is consistent with our strategy to build a portfolio of leading, highly efficacious branded products featuring the latest technology in active ingredients." In 2005, Ironite generated net sales of approximately $9 million and Central has historically served as Ironite's leading distributor. The acquisition is expected to be neutral to fiscal 2006 earnings, and add approximately 2-3 cents to fiscal 2007 earnings. "Ironite's all-natural products enable professional landscapers and gardening enthusiasts to grow healthier lawns and plants by replenishing vital trace elements in the soil," concluded Mr. Novotny. "We are pleased that Heinz Brungs, the founder of Ironite will continue to work with Central to develop and market the next generation of environmentally-friendly products for consumers and professionals." Central Garden & Pet Company is a leading innovator, marketer and producer of quality branded products for the pet and lawn and garden supplies markets. Our pet products include pet bird and small animal food, aquarium products, flea, tick, mosquito and other pest control products, edible bones, cages, carriers, pet books, and other dog, cat, reptile and small animal products. These products are sold under a number of brand names, including Kaytee, SuperPet, All-Glass Aquarium, Oceanic, Kent Marine, Energy Savers Unlimited, Zodiac, Pre-Strike, Altosid, Nylabone, TFH, Four Paws, Interpet, Breeder's Choice and Farnam. Our lawn and garden products include grass seed, wild bird food, weed and insect control products, and decorative outdoor patio products. These products are sold under a number of brand names, including Pennington, Norcal Pottery, New England Pottery, GKI/Bethlehem Lighting, Lilly Miller, Matthews Four Seasons, Cedar Works, AMDRO, Grant's, Sevin and Over'n Out. For additional information on Central Garden & Pet, including access to the Company's SEC filings, please visit the Company's website at http://www.central.com/.

1 Year Central Garden and Pet Chart

1 Year Central Garden and Pet Chart

1 Month Central Garden and Pet Chart

1 Month Central Garden and Pet Chart

Your Recent History

Delayed Upgrade Clock