News | New deal


Investment firm acquires Radio Systems

Radio Systems changes proprietor

Radio Systems sells its product in over 50 countries. The photo shows the company's booth at Zoomark International in 2019.

The US investment firm Clayton, Dubilier & Rice has acquired the international pet product company Radio Systems (Petsafe, Kurgo etc), described as "the leading innovator in the companion pet health and safety industry".

Radio Systems was founded by Randy Boyd in 1991 and has more than 800 employees worldwide. The company, which sells its products in over 50 countries, is headquartered in Knoxville/Tennessee, where it will remain. John Compton, the former president of PepsiCo and one of CD&R's partners, will become chairman of Radio System Corporation's board of directors. Founder and chairman Randy Boyd has agreed to serve on the board of directors to maintain continuity.
After reviewing nearly a dozen offers, Radio Systems' board of directors unanimously approved the transaction. Keeping the company in Knoxville was a huge motivator for the sale. The deal is expected to close in June.

|14 May 2020 | 11:58


Post a comment

* Please complete the areas marked in red correctly and in full!.

(will not be published)

* obligatory fields

Latest news

Ornimundo announces two new openings

The Portuguese pet store chain Ornimundo has announced two new store openings: 100 m² in the Acqua Roma Shopping Centre (Lisbon) and 700 m² in the View news...

Parkzoo fair postponed to 2021

The 10th edition of the Parkzoo International Pet Industry Fair should have taken place in Moscow from 9-11 September. Now the organisers have View news...

Nestlé announces expansion of Blayney factory

Nestlé Australia has announced a 90 mio dollar upgrade to its Blayney site, which manufactures Nestlé Purina PetCare pet food. The announcement View news...


Chewy to open another e-commerce hub

E-commerce giant Chewy, which sells pet food, treats and other products, plans to open a new fulfilment centre in Belton, Missouri. The 74 500 m² View news...

PET worldwide | Service

PET worldwide Corona special

The Coronavirus crisis and the Pet industry

All news, reports and information from the PET worldwide editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

PET worldwide currend issue

Our service during the Coronavirus crisis

Whether in your home office or at work - during the Coronavirus crisis, the current issue of PET worldwide is available here free of charge for use on PCs and mobile devices.

To the e-magazine

Products and concepts for the pet industry

The coronavirus crisis is not the end. What the leading companies offer for the next few month.

Take a look

PET retailers from D, A, CH

Update now!

PET Handel
The unique work on the German retail pet shops. Essential information for successful marketing, sales and field service activities. Loose-leaf collection incl. folders and database CD.
Order now


Get the latest news about the PET industry weekly per email.

Just register