From 20 to 80 per cent

16.03.2006
Central Garden & Pet increases its equity interest in Tech Pac

Central Garden & Pet Company has increased its equity interest in Tech Pac from 20 to 80 per cent. Tech Pac is a leading supplier of insect control branded products in the lawn and garden market. “Our increased investment in Tech Pac strengthens our portfolio of leading lawn & garden control brands,” commented Glenn Novotny, president and chief executive officer of Central Garden &Pet. “The majority interest enables us to increase awareness of the “Sevin”, “Over'nOut!” and “RooTone” brands and our access to next generation active ingredient technologies to develop and introduce new control products with superior efficacy.” In February 2005, Central acquired Gulfstream Home & Garden and its 20 per cent interest in Tech Pac. Gulfstream Home & Garden is the exclusive marketer of products supplied by Tech Pac.
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