PEmarket News

Veterinary

April 8, 2026

Chewy Expands Healthcare Offerings with Acquisition of Modern Animal

Chewy, Inc. (NYSE: CHWY) has signed a definitive agreement to acquire Modern Animal, a tech-enabled veterinary healthcare provider, for approximately $200 million in cash and stock. This acquisition is designed to improve Chewy's healthcare services, leveraging Modern Animal's innovative approach to enhance customer experiences. The transaction is set to close in the second half of 2022, pending customary conditions.

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