Tractor Supply (TSCO) Company has completed its acquisition of Allivet, a privately-held online pet pharmacy. The plans to acquire Allivet were previously announced on October 24, 2024. The acquisition of Allivet expands the company’s total addressable market by $15 billion to $225 billion. Since its founding in 1992, Allivet has grown to be a leading online pet and animal pharmacy fully licensed in all 50 states with three distribution centers that allow it to efficiently serve the needs of its customers and reach a large majority of the U.S. with next day delivery. Allivet has a proven platform to make pet parenting easier by providing convenient access to brand-name medications, expert pharmacy advice and automatic delivery with its auto-ship program. Financial terms of the acquisition were not disclosed.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TSCO:
- Tractor Supply target adjusted for stock split at Barclays
- VOO ETF Update, 12/30/2024
- SPY ETF Update, 12/27/2024
- SPY ETF Update, 12/24/2024
- Telsey names top picks for 2025
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
