 | |
| Company type | Private |
|---|---|
| Industry | Pet products and services |
| Founded | 1994 |
| Founder | Glen Richards |
| Owner | TPG Capital |
| Website | www |
Greencross is an Australian pet care company. It operates the Petbarn, City Farmers and Greencross Vets chains in Australia, and the Animates chain in New Zealand. Founded in 1994 by veterinarian Glen Richards, the company went public on the Australian Securities Exchange in 2007 before being purchased by TPG Capital in 2019.
Greencross was founded in 1994 by veterinarian Glen Richards. While practicing companion animal medicine and surgery in Townsville, he purchased Currajong veterinary hospital. This was the start of Greencross. [1]
The company expanded by purchasing and consolidating veterinary services through Australia and went public on the Australian Securities Exchange in 2007, becoming the first veterinary practice in Australia to do so. [1]
In 2014, Greencross acquired Mammoth Pet Holdings, the parent of the Petbarn chain in Australia and the Animates chain New Zealand. [2]
In February 2019, it was announced that TPG Capital would purchase Greencross and take it private for A$675 million in cash and scrip. [3]
In February 2022, TPG sold a 45 per cent stake in Greencross to AustralianSuper and the Healthcare of Ontario Pension Plan. [4] [5]
In April 2023, Greencross acquired Habitat Pet Supplies, a Melbourne-based pet store chain with five stores. Greencross plans to merge it with its Petbarn business. [5]
In late 2023, EBOS Group attempted to purchase Greencross for A$3.75 billion. However, the deal was cancelled after weak demand from EBOS's investors to fund the takeover. [6]
A veterinarian (vet) is a medical professional who practices veterinary medicine. They manage a wide range of health conditions and injuries in non-human animals. Along with this, veterinarians also play a role in animal reproduction, health management, conservation, husbandry and breeding and preventive medicine like nutrition, vaccination and parasitic control as well as biosecurity and zoonotic disease surveillance and prevention.
Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths in New Zealand and its discount department store Big W. Headquartered in Bella Vista, Sydney, it is the largest company in Australia by revenue and number of employees, and the second-largest in New Zealand.
PetSmart Inc. is a privately held American chain of pet superstores, which sell pet products, services, and small pets. It is the leading North American pet company, and its direct competitor is Petco. Its indirect competitors are Amazon, Walmart, and Target. As of 2020, PetSmart has more than 1,650 stores in the United States and Canada. Its stores sell pet food, pet supplies, pet accessories, and small pets. Stores also provide services including grooming, dog daycare, dog and cat boarding, veterinary care via in-store third-party clinics, and dog training. They also offer dog and cat adoption via in-store adoption centers facilitated by the non-profit PetSmart Charities.
Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue of A$30.8 billion in the 2020 financial year, it is one of Australia's largest companies by revenue. Wesfarmers is also one of the largest private employers in Australia, with approximately 107,000 employees.
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Petco Health and Wellness Company, Inc. is an American pet retailer with corporate offices in San Diego and San Antonio. Petco sells pet food, products, and services, as well as certain types of live small animals.
Royal Canin is a French manufacturer and global supplier of cat and dog food. The company is a subsidiary of Mars, Incorporated. It undertakes research into the specific nutritional needs of dogs and cats.
Green Cross Health is a provider of primary health care services around New Zealand, including pharmacies and medical clinics. It is based in Ellerslie, Auckland.
Banfield Pet Hospital is a privately owned company based in Vancouver, Washington, United States, that operates veterinary clinics. Part of the Mars Inc. family of companies, Banfield owns clinics in the United States, Mexico, and the United Kingdom. Founded in 1955, the company operates many of its 1,000 plus clinics inside PetSmart stores. Banfield is the largest privately owned veterinary practice in the United States. On April 2, 2014, Banfield Pet Hospital announced its headquarters would be relocating to Vancouver, Washington, from nearby Portland, Oregon.
Bondi Vet is an Australian factual television series. It follows the lives of veterinary surgeon Chris Brown at the Bondi Junction Veterinary Hospital, and emergency veterinarian Lisa Chimes at the Small Animal Specialist Hospital (SASH), in the Sydney suburb of North Ryde.
Pets at Home is a British pet supplies retailer selling pet products including food, toys, bedding, medication, accessories and pets. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Founded in 1991, the company operates 453 stores across the UK, as well as an online store. Pets at Home also provides a range of services such as grooming, veterinary care and dog training.
Chris Brown is an Australian veterinarian, television presenter and author. He is best known for the television series Bondi Vet, which began screening in 2009. He hosted The Open Road with Doctor Chris on CBS. In Australia, he appeared on the lifestyle program The Living Room, and alongside Julia Morris was the presenter of the local version of I'm a Celebrity...Get Me Out of Here!.
Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total revenue. Contemporaneous with the spinoff in June 2013 S&P Dow Jones Indices announced that Zoetis would replace First Horizon National Corporation in the S&P 500 stock market index.
Aquila Shoes is an Australian shoe manufacturing company founded in 1958 by Antonio Longo. He was born in San Marco in Lamis, Italy on 18 October 1920 before he immigrated to Australia in 1949.
My Pet Warehouse is an Australian retailer of pet supplies. It was founded in 2009 by Philip Bartholomew and it operates from thirteen locations. The company offers a variety of specialty pet supplies and accessories. As of 2015, it is the largest online retailer of pet supplies in Australia with $33 million annual revenue.
Guzman y Gomez (Holdings) Limited is an Australian multinational casual-dining and fast food restaurant chain. It specialises in Mexican cuisine with burritos, nachos, tacos, quesadillas and other Mexican-inspired items available. Many restaurants also serve coffee through the “Cafe Hola” brand which operates during the morning.
Glen Richards is an Australian veterinary physician and businessman. He is the founder and former CEO of Greencross, the largest pet care company in Australia.
PAG is an Asian investment firm that manages multiple asset classes, including private equity, private debt, real estate and hedge funds. It is considered one of the largest private investment firms in Asia.
Covetrus, Inc. is an American company providing animal health products and related services. Until 2019, it was the animal health business of VetsFirstChoice, and Henry Schein, before being divested. In 2021, the company ranked 593 on the Fortune 1000 list of the largest United States corporations by total revenue.
Anchorage Capital Partners is an Australian private equity company with headquarters in Sydney.
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