8-K: Current report filing
Published on July 1, 1996
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 of 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 18, 1996
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Central Garden & Pet Company
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(Exact name of registrant as specified in its charter)
Delaware 0-20242 68-0275553
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
3697 Mt. Diablo Boulevard, Lafayette, California 94549
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (510) 283-4573
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Inapplicable
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(Former name or former address if changed since last report)
Exhibit Index located on page 3
Item 2. Acquisition or Disposition of Assets
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On June 18, 1996, Central Garden & Pet Company (the "Company" entered
into a definitive agreement (the "Agreement") to acquire Kenlin Pet
Supply, Inc. ("Kenlin"), the largest distributor of pet supply
products in the eastern United States. Kenlin, which is based in
Mahwah, New Jersey and China Grove, North Carolina, had annual sales
of approximately $63.0 million in fiscal 1995, operates in 17 eastern
states and has approximately 290 employees. Under the terms of the
stock purchase agreement, the Company will pay an aggregate of $33
million in cash to acquire or redeem all of Kenlin's outstanding stock
and eliminate all of its outstanding debt. The Company anticipates
that it will use financing under its existing credit facility, to
finance the acquisition.
Item 7. Financial Statements and Exhibits
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(a)(1) Financial Statements of Kenlin are attached as Exhibit 1.3
hereto.
(a)(2) Accountants' report is attached hereto as Exhibit 1.4.
(b)(1) Pro Forma Condensed Financial Information is attached hereto
as Exhibit 1.5.
(c) See attached Exhibit Index.
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EXHIBIT INDEX
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CENTRAL GARDEN & PET COMPANY
By /s/ Robert B. Jones
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Robert B. Jones, Vice President
and Chief Financial Officer
Dated: June 28, 1996
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