Galaxy Balloons Parent Company Acquires Coast 2 Coast Wholesale Pet Products
Boss Holdings, parent company of industry supplier Galaxy Balloons (PPAI 113835), has through its subsidiary Boss Pet Products purchased the pet product distribution business and related assets of Garden Grove, California’s Coast 2 Coast Wholesale Pet Products. Boss funded the purchase from its existing working capital.
Boss management believes the Coast 2 Coast line of top OEM branded pet products presents a significant opportunity for growth and cross-selling opportunities. Boss Pet already sells its pet leashes, restraints, toys and other pet product supplies in distribution channels not served by Coast 2 Coast.
Kurt Hansen of Coast 2 Coast will become Boss Pet's national sales manager and will direct all sales in the pet specialty market segment. Acquired assets include Coast 2 Coast’s inventory, selected equipment, trademarks, tradenames and other intellectual property. Boss Pet will retain Coast 2 Coast’s sales and customer support staff.