HyperPet Acquires R2P Pet
Hyper Pet has acquired several pet product brands since September 2016, including Aussie Naturals, Outback Jack and Wild Eats. Last summer, the company celebrated the grand opening of its brand new, 100,000 sq. ft. warehousing campus and corporate headquarters expansion in Wichita, Kan. Hyper Pet also has a pending merger with OurPet’s Company.
R2P Pet makes durable, high-quality and affordable products for dogs and cats. The company offers a broad assortment of toys, beds, apparel, leashes, collars and accessories. Its products are distributed in over 30 countries worldwide, with corporate offices in the U.S., Canada and Hong Kong that have development, design and sourcing capabilities.
The leadership of both companies will remain with the combined entity in this merger.
“Once again, we have another very exciting acquisition that will lead to tremendous new opportunities and growth here at Hyper Pet,” said Tim Blurton, CEO of Hyper Pet. “We were very impressed by R2P Pet’s brands and quality product lines, as well as their focus on design and innovation. Now with R2P Pet’s team coming together with Hyper Pet, we have created a highly-capable, agile and robust business, ready to bring significant impacts and positive changes within the pet industry.”
“We have always admired Hyper Pet,” said Nick Yerton, CEO of R2P Pet. “They are an innovative company that has a well-earned reputation for great products and excellent customer service. In looking to grow, our primary goal was to find a company with complementary strengths and a talented team. This merger with Hyper Pet allows us to achieve that goal.”
Yerton will head up the NPD and growth side of the new business as president and CRO.
The merging of these companies will allow for enhanced product development, operations, sales and customer service.