Dane Creek Capital Corp. (DCCC), a Mississauga, Ontario based merchant bank specializing in pet industry, has closed its acquisition of the non-manufacturing pet assets of Nature’s Way Canada. The transaction was completed on October 12, 2017.
Dane Creek Capital has established Nova Scotia based Baie Run Pet Products Inc., a wholly owned operating subsidiary to manage the business. Baie Run is now the provider of the industry-leading CanineOmega3™ and FelineOmega3™ pet supplements to be sold online and in retail stores in the United States and Canada.
Under the terms of the agreement, Nature’s Way will continue to manufacture the supplements in their current formulations and to the same high standards they are known for in the human health supplements industry. The agreement also provides for the development and manufacture of new product formulations. The purchase was completed via DCCC’s wholly owned Nova Scotia-based holding company Dockside Investco.
“We are very excited to bring Baie Run to life and with it, our newly acquired line of top quality omega-3 oils to the growing number of pet owners looking to improve the health and vitality of their pets through nutritional supplements,” said Alexandra McCann, CEO of Baie Run.
The acquisition marks DCC’s third investment in Nova Scotia, following the acquisition of Midgard Insect Farm Inc. and Dockside Pet Products & Services Inc. More acquisitions are expected to follow.
photo credit: Dane Creek Capital Corp.