Who Owns Central Garden & Pet?
Central Garden & Pet is a leading producer and distributor of branded lawn and garden products, pet supplies, and outdoor decor. The company was founded in 1954 and is headquartered in Richmond, Virginia. Central Garden & Pet operates through three segments: Garden, Pet, and Distribution.
Garden Segment
The Garden segment is Central Garden & Pet's largest segment, accounting for approximately 60% of the company's total revenue. The segment includes a portfolio of brands such as Scotts, Miracle-Gro, Ortho, and Roundup. These brands offer a wide range of products for lawn and garden care, including fertilizers, pesticides, herbicides, and potting mixes.
Pet Segment
The Pet segment is Central Garden & Pet's second largest segment, accounting for approximately 25% of the company's total revenue. The segment includes a portfolio of brands such as Nylabone, Kaytee, and Hartz. These brands offer a wide range of products for pets, including food, treats, toys, and accessories.
Distribution Segment
The Distribution segment is Central Garden & Pet's smallest segment, accounting for approximately 15% of the company's total revenue. The segment provides distribution services to independent retailers and national retail chains. The segment also includes a portfolio of brands such as Pennington Seed and Southern States Cooperative.
Ownership
Central Garden & Pet is a publicly traded company whose shares are listed on the New York Stock Exchange under the symbol "GCP". The company's largest shareholder is Chen Yihong, a Chinese businessman who owns approximately 20% of the company's shares. Other major shareholders include:
- BlackRock Fund Advisors
- The Vanguard Group, Inc.
- SSgA Funds Management, Inc.
- Geode Capital Management, LLC
- Artisan Partners Asset Management Inc.
Central Garden & Pet is a well-established company with a strong track record of profitability. The company has a diverse portfolio of brands and a strong distribution network. Central Garden & Pet is well-positioned to continue to grow in the future.
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