Wellness Pet prepares to go public

The American pet food manufacturer Wellness Pet was acquired in 2020 by the private equity firm Clearlake Capital Group. It is being reported by stock exchange observers that the company is now preparing for flotation in the USA. The volume of the flotation is expected to exceed 600 mio dollars, with the company possibly being valued at around 2.5 bn dollars in the transaction.
Wellness Pet operates three production plants in the USA and the Netherlands. It makes pet food and treats under brands such as Wellness, Whimzees, Old Mother Hubbard, Sojos and Eagle Pack.