Clearlake Capital Group, L.P. signed a definitive agreement to acquire The Wellness Pet Food Holdings Company, Inc. (WellPet) from affiliates of Berwind Corporation.
Headquartered in Tewksbury, Mass., WellPet is a global supplier of premium pet food and treats with brands including Wellness, Old Mother Hubbard, WHIMZEES, Eagle Pack, Holistic Select, and Sojos. Powered by its dedication to provide quality natural food and treats for happier, healthier pets, WellPet has become a leader in the high growth premium-focused category.
The company is one of the largest independent North America-based pet food manufacturers, producing proprietary and exclusive formulations at its three state-of-the-art facilities in Indiana, Minnesota and the Netherlands, supported by a supply chain spanning over 1.2 million distribution points across the globe. WellPet is led by CEO Camelle Kent-Rizkalla, who will be remaining with the company, and a team of over 400 employees with deep experience in the pet food category.
"[This] marks an important new chapter in WellPet's history as we look to advance our mission of delivering nutritional excellence for the growing number of pet parents around the world," said Kent-Rizkalla. "Clearlake's operational insights and deep experience in the consumer sector will accelerate our momentum in premium pet food and treat products and support our unwavering commitment to nutritional innovation, product quality for our partner retailers and pet owners, and the wellbeing of the pets that depend on our products."