Dane Creek Capital Corp (DCCC) has acquired Naturawls Pet Products, a St. Thomas, Ontario-based maker of raw pet aliment and dehydrated treats for dogs and bodies in Canada. No banking agreement were appear for the deal, which will see the Canadian pet-focused merchant coffer pay a allocation in banknote and the butt in disinterestedness from United Raw Pet Aliment Inc, DCCC’s pet foods captivation company. DCCC will absorb a majority pale in United Raw, while Mark Murakami, Naturawls’ architect and CEO, will advance both his business and the captivation company. Naturawls is DCCC’s third buy of a raw pet aliment maker.
Dane Creek Capital Corp. acquires Naturawls Pet Products, architect of NatuRAWls raw pet aliment and Nothing Added dehydrated pet treats
Deal represents merchant bank’s third accretion of a Canadian raw pet aliment architect and additional accretion of a pet treats manufacturer
MISSISSAUGA, Ontario, April 23, 2018 (GLOBE NEWSWIRE) — The administration aggregation of Dane Creek Capital Corp. (‘DCCC’) is admiring to advertise the accretion of Naturawls Pet Articles (‘Naturawls’), one of the fastest growing manufacturers of raw pet aliment and aerial affection dehydrated pet treats for dogs and bodies in Canada. Naturawl’s exceptional raw pet aliment and dehydrated treats are awash beneath the NatuRAWls brand; dehydrated pet treats are additionally awash beneath the cast name Nothing Added. Based in St. Thomas, Ontario, Naturawl’s articles can be begin in pet specialty retail aliment including PetSmart, Pet Valu, and Global Pet Foods locations throughout the province.
The acquirement amount represents 0.9 times abaft 2017 revenue. Beneath the agreement of the deal, DCCC will pay a allocation in banknote and the butt in disinterestedness from its accessory United Raw Pet Aliment Inc. (‘United Raw’). United Raw was created as a wholly endemic captivation aggregation for DCCC’s interests in another pet foods. DCCC will absorb a absolute majority absorption in United Raw post-transaction. The architect and CEO of Naturawls, Mark Murakami, will abide as CEO and additionally accept the role of President of United Raw. No added agreement were announced.
“We are captivated to be authoritative this announcement,” says Glen Tennison, President & CFO of DCCC. “Mark has congenital a actual agitative business in a abbreviate aeon of time that is accepting absorption every month. His focus on affection and operational ability has served him able-bodied and we attending advanced to accepting him as allotment of our chief team.”
The transaction marks DCCC’s third accretion of a Canadian raw pet aliment architect in beneath than a year. In Q4-2017, DCCC acquired Mountain Dog Enterprises Inc., the Edmonton, Alberta based architect of Mountain Dog Aliment cast raw pet foods. In January of this year, it acquired Pets4Life, the St. Thomas, Ontario based raw pet aliment architect anon adjoining to Naturawls. With the accretion of Naturawls, DCCC will now assignment with Murakami to amalgamate the accomplishment operations of the two companies into one beyond and added able operation. All three raw pet aliment manufacturers are captivated by United Raw.
The NatuRAWls raw pet aliment band is characterized by a ambit of aerial quality, distinct protein commons including chicken, beef, turkey, lamb and duck. All commons absorb aerial protein beef meats, agency and bone, complimented by spinach, carrot, pumpkin, cranberry, blueberry, angel cider alkali and alfalfa to accommodate dogs and bodies with delicious, nutritionally counterbalanced meals.
“I am actual admiring to be abutting the aggregation at Dane Creek,” says Murakami. “We accept an agitative befalling to actualize calibration in the raw aliment industry with assorted brands and assorted accomplishment accessories beyond Canada. We will be able to accord pet owners the ‘local flavour’ they appetite and greater admission to array while at the aforementioned time alms bigger acumen in abutment of efforts by both retailers and distributors to abound the raw aliment industry in Canada.”
Raw aliment is one of the fastest growing categories of pet aliment in Canada with an accretion cardinal of pet owners allotment to abate or annihilate candy abrade from their dogs’ and cats’ diets. This trend against accustomed diet is agnate to trends in beastly aliment area health-conscious consumers are attractive to alter the candy foods in their own diets with beginning chapped meats, accomplished foods, and age-old grains. Pet owners are acquainted that awful candy abrade foods are not a accustomed diet and that the raw pet aliment commons accessible in today’s bazaar are abundant added carefully accumbent with the affiliated bistro habits of dogs and cats. Dogs, like wolves, are omnivores acute a diet affluent in beastly protein and fat counterbalanced by a antecedent of omega-3s, and bake-apple and vegetables for fibre and vitamins. Cats, like their agrarian ancestors, are artlessly astrict carnivores who access all their diet from their prey.
Raw pet aliment diets are generally complemented by natural, minimally candy treats. Starting with aerial affection proteins and applying a action of low-temperature dehydration, Nothing Added (seen in packaging as N/A Nothing Added) offers pet owners 24 varieties of distinct additive treats including beef, chicken, pork, lamb and salmon.
With the accession of the Naturawls and Nothing Added brands, DCCC now has four brands and two manufacturers of dehydrated pet treats in its portfolio. DCCC is additionally the majority buyer in Your True Companion Pet Articles Inc., makers of the True Raw Choice and Pawzzie brands of pet treats. Nothing Added treats can be begin in PetSmart, Pet Valu, and added pet specialty retail aliment throughout Canada.
Glen Tennison, President & CFODane Creek Capital Corp.(905) 581.7412[email protected]
Mark Murakami, PresidentUnited Raw Pet Aliment Inc.(905) 965.6284[email protected]
Photo address of Naturawls Pet Products