Central Garden & Pet Buys Envincio Assets

(RTTNews) - Central Garden & Pet Co. (CENT, CENTA) said Tuesday that it has purchased certain assets of Envincio LLC, a wholly-owned subsidiary of SantoLubes LLC.

The assets acquired include established brands, EPA registration assets, inventory, and trade receivables.

"This acquisition will enable Central to be a key supplier and product innovator in the growing natural insecticides product market, often characterized as EPA-exempt products, as well as expanding offerings in traditional pesticides," said Frank Jusich, SVP Professional Brands. "The exclusive rights that Central acquired through this transaction will allow us to leverage these patented essential oil blends, along with building our existing business, to best serve the professional pest control markets."