Headlines Pet Supplement Maker Acquired Published 6 years ago on July 30, 2017 By PETS+ Staff Share Tweet The firm makes CanineOmega3 and FelineOmega3. MISSISSAUGA, ON — Dane Creek Capital Corp., a merchant bank with a focus on pet industry investments, is acquiring the non-manufacturing pet assets of Nature’s Way Canada. Based in Dartmouth, Nova Scotia, Nature’s Way is a manufacturer of supplements for dogs and cats sold under the CanineOmega3 and FelineOmega3 brands. Both supplements are available online or via retailers in Canada and the U.S. Under the terms of the agreement DCCC will acquire all current and future formulations of CanineOmega3 and FelineOmega3, all material contracts, customer lists and current inventories. Additionally, the two parties have entered into a six-year contract whereby Nature’s Way will continue to manufacture supplements for DCCC. The purchase of these assets by DCCC will be completed via its wholly owned Nova Scotia-based holding company Dockside Investco. A new operating subsidiary will be created by DCCC to coincide with closing. Advertisement Financial terms of the deal were not disclosed. “We are excited to be making this announcement,” said Glen Tennison, president and chief financial officer of DCCC. “Nature’s Way is well known for manufacturing high quality supplements for both people and pets. We look forward to working with them to create a wide range of supplements to meet the needs of health-conscious pet owners shopping online, in pet specialty retail stores and in mass retail and grocery stores.” “Our partnership with DCCC will allow Nature’s Way to focus more closely on the development and manufacturing aspect of our business,” said Steve Chiasson, vice president and general manager of Nature’s Way Canada. “Our track record in human supplements speaks to our expertise in those areas and we look forward to bringing that to the expanding market for pet supplements.” The transaction, which is subject to customary closing conditions, is expected to be completed by Sept. 30. Related Topics:acquisitionDane Creek Capital Corp.Nature's Way click to Comment(Comment) Advertisement FEATURED VIDEO Sponsored by Cogent Solutions Group Reduce Your Pet’s Hip & Joint Discomfort with the Most Researched Hyaluronan on the Market Nearly 60% of dogs and 90% of cats suffer from joint discomfort. Trixsyn joint supplement contains a patented and proven hyaluronic acid molecule for maximum efficacy to promote joint, bone, soft tissue, and cartilage health, keeping your pet feeling comfortable, for longer. Trixsyn is veterinarian recommended, safe and all-natural, and contains research-proven ingredients. Get your paws on the most-researched hyaluronic acid on the market. Learn more at Trixsyn.com. You may like Feeders Pet Supply Buys Soldan’s and Ashland Pet Store PAI Partners to Acquire Pet Food Co-Manufacturer Alphia 2 Hounds Design Acquires Yellow Dog Design Promoted Headlines Consolidated Packaging Group Fact Sheet CONSOLIDATED PACKAGING GROUP ZIWI Fact Sheet Ziwi Introducing the Next Generation of Snuggle Puppy® Snuggle Puppy Advertisement Latest Trending Videos Press Releases6 hours ago Dog & Cat Cards Launches Holiday Collection with Greeting Cards and Pet Letter to Santa Kit Press Releases12 hours ago Huxley & Kent Announces Retailer Contest Headlines1 day ago Target Closing 9 Stores in 4 States Photo Gallery3 days ago 23 Relatable Memes About Working Holiday Retail Headlines1 week ago Walmart Opens First Pet Services Center Columns1 day ago How Your Pet Business Smells and Sounds Can Negatively Impact Your Sales Sponsored Webinars2 months ago Shop! Masterclass Webinar: Sustainability for Retail: How Retailers Create Social, Environmental and Cultural Innovations Sponsored Webinars3 months ago Human-Centric Design in a Digital World: Creating Unexpected Moments That Inspire, Educate, and Connect at Retail Headlines8 months ago Dog-Walking Van Stolen in San Francisco; 8 Pets Returned Unharmed Advertisement SubscribeBULLETINS Get the most important newsand business ideas from PETS+. Advertisement Most Popular Photo Gallery3 days ago 23 Relatable Memes About Working Holiday Retail Headlines1 week ago Walmart Opens First Pet Services Center Columns1 day ago How Your Pet Business Smells and Sounds Can Negatively Impact Your Sales Cover Stories1 day ago Overcome These 5 Common Problems Pet Business Owners Face Products1 week ago 10 Grooming Products for Pets Who Hate to Take Baths Press Releases1 week ago Pet Evolution to Bring 40 New Locations to Los Angeles Area PETS+ Sample Box2 days ago See What Was Inside the September NASC Sample Box! Columns3 days ago Head or Heart: Do You Promote from Within? Or Bring in Outside Candidates?