The American online pet pharmacy will run PetCareRx’s operations and brand independently.
PetMed Express acquired New York pet medication and supplies company PetCareRx for an undisclosed amount in the first quarter of 2023.
The merged enterprises will improve PetMeds’ existing base of over 2 million customers and add roughly 10,000 wellness products to the company’s product portfolio.
The acquisition of PetCareRx is expected to give the Florida-based online pet pharmacy an “instant revenue boost.”
PetMeds said PetCareRx, that was founded 1998, will continue to offer the same e-commerce experience while being supported by a “more efficient” distribution network and a broader product range.
Last year, the company invested in pet telemedicine startup Vetster, enabling PetMeds to provide telehealth services to its customers.
The latest articles
AgroBiothers makes second acquisition in European pet care space
The addition of Denmark’s leading pet care business, KW, marks a strategic move to strengthen the French pet care company’s position in Northern Europe.
Pet Care
7 Oct 2024
Growing demand for vegetarian pet food in India encourages new options
Industry insiders note that pet owners in the South Asian country are increasingly seeking vegetarian options and are willing to pay more for this alternative.
Pet Food
7 Oct 2024
Australia: New South Wales to grant more rights to pet-owning tenants
The reform in the Australian state will ban no-ground evictions and limit landlords' ability to refuse tenants with pets.
News
4 Oct 2024
GET THE NEWSLETTER
Weekly newsletter to stay up-to-date
Discover what’s happening in the pet industry. Get the must-read stories and insights in your inbox.