Petco and Chewy are two brands that many people can't live without. You might wonder if Petco owns Chewy.com, the ecommerce company that sells pet products online. Read on to find out who owns Chewy.
If you’re a pet parent, chances are you’ve purchased from Chewy.com at some point. Chewy is an online retailer selling pet food, toys, and supplies. They offer everything from well-known brands to more niche products, and they have built up a reputation for being one of the best online retailers for pet parents. But many people don’t know that Petco owns Chewy. I will go over the current state of play and discuss whether Petco acquired Chewy or if they have any intentions of developing the company shortly.
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Does Petco Own Chewy?
Petco does not own Chewy. Chewy is an online pet retailer selling pet food, toys, and supplies. Petco is a brick-and-mortar pet retailer with over 1,500 stores across the United States. Petco is the largest pet retailer in the United States, selling more than 4.5 million pets annually. The company also owns several other retail brands, including PetSmart, Unleashed, and Unleashed by Petco but chewy isn’t one of them.
Who Owns Chewy
Chewy was started in 2011 by Ryan Cohen and Michael Day, who wanted to create a better online shopping experience for pet owners. In 2017, PetSmart purchased Chewy for $3.35 billion, making it the largest acquisition in the company's history.
As of 2022, Chewy is a publicly traded company, with several shareholders owning its stock. PetSmart originally had plans to offload Chewy’s stock while they were the owners, but instead, PetSmart transferred 20 percent of the company to individuals Partners before it went public. Although PetSmart doesn’t currently own Chewy, it is the biggest shareholder.
What Companies Does Petco Own?
Petco Animal Supplies, Inc. is an American pet retailer with more than 1,500 locations in the United States. The company offers a wide variety of pet food, supplies, and services, as well as dog training, vaccinations, and spay/neuter surgeries.
Petco owns several companies, including Unleashed by Petco, PetCoach, and PetInsuranceQuotes.com.
- Unleashed by Petco is the largest pet retail chain in the United States, offering groceries and pet products at more than 200 locations throughout the country.
- PetCoach is a subscription service that provides customers access to grooming, training, and health care services through their local pet store.
- com is an online resource for buying insurance for pets and finding out how much coverage you need for your dog or cat based on age and weight.
What Brands Does Petco Own?
Petco is a pet retailer that owns a variety of different brands. Some of the brands that Petco owns include
- Whole Hearted
- So Phresh
- Leaps and Bound
While Petco does own a variety of different brands, they are not all pet-related. For example, Petco also owns the sporting goods retailer PogoPlay.
What Companies Does Chewy Own?
Chewy is an online pet food and supplies retailer in Dania Beach, Florida. The company was founded in 2011 by Ryan Cohen and Michael Day, co-founders of the online pet food retailer Petsmart. Petsmart acquired Chewy in 2017 for $3.35 billion. Some of the companies Chewy owns are:
- Chewy Pharmacy
- Pet Goods
- Tiny Tiger
- Onguard Pet Products
- Paw and Parcel
- Chewy Wholesale
What Brands Does Chewy Own?
Since Chewy was founded in 2011, the company has made several acquisitions of other pet food and pet care brands. In 2017, Chewy acquired Florida-based Foodco Holding Corp., the parent company of both Lazy Dog Restaurant & Bar and Pet Supplies Plus, for $3.35 billion.
Some of the brands that Chewy owns are:
- American Journey
- Best Bully Sticks
- Royal Canin
- Nulo Pet Food nutritional formulas
- Nutro ultra-premium
- Purina Pro Plan
All the brands under the Chewy umbrella are subsidiaries specializing in pet food, treats, and supplies.
How Are Petco and Chewy Different?
Petco and Chewy are different in a few key ways. For starters, Petco is a brick-and-mortar retailer, while Chewy is an online retailer. Petco has physical stores where customers can shop in person, while Chewy only exists online.
Another critical difference between the two companies is that Petco sells products for various pets, while Chewy specializes in products for dogs and cats. So, if you're looking for pet supplies for your dog or cat, Chewy is likely to have a better selection than Petco.
Also, Petco offers services like grooming and dog training, while Chewy does not. So, if you're looking for these services, you'll need to go to Petco.
Did Petco Try to Buy Chewy?
In 2017, Petco was rumored to be interested in buying Chewy.com. However, these rumors were never confirmed, and it is unclear if Petco ever made an offer to purchase the company. However, the deal reportedly fell through because Chewy was not interested in selling for a small amount.
When Was Chewy Bought?
In 2017, Chewy was bought by PetSmart for $3.35 billion. The acquisition made PetSmart the most extensive pet retailer in the United States and Chewy the most prominent online pet retailer. Before the acquisition, Chewy had raised $300 million in venture capital funding.
Who Bought Out Chewy?
In 2017, Chewy was bought out by PetSmart for $3.35 billion. After a while, PetSmart decided to offload some of its Chewy stock. It was after their plan of selling it didn’t succeed. PetSmart transferred about 20 percent of Chewy shares to BC partners. Therefore, Petco doesn’t own Chewy as of 2022.
Several reasons PetSmart may have decided to sell off some of its shares in Chewy. One reason could be that they wanted to recoup some of the money they spent on the buyout. Another reason could be that they tried to distance themselves from the company so that it could operate more independently. The company has been able to scale up its online presence and reach new customers quickly. Whatever the reason, it's clear that PetSmart is still invested in Chewy and is committed to its success.
Petco does not own Chewy, but the two companies have a close relationship. Chewy was founded in 2011 and has been one of the leading online pet food and supplies retailers. In 2017, PetSmart bought Chewy for 3.35 billion and invested $100 million in Chewy which now holds a minority stake in the company. The two companies work closely together to provide customers with the best possible experience when shopping for their pets.