PetMeds to take over e-commerce pet platform

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.