Central Garden & Pet named exclusive distributor of Pennington Seed Products in Florida; agreement expected to represent $8 million in additional annual sales to CG&P.LAFAYETTE Lafayette (lä'fēĕt`, lăf'ēĕt`). 1 City (1990 pop. 23,501), Contra Costa co., NW Calif., a residential suburb in the San Francisco–Oakland area; settled 1848, inc. 1968. , Calif.--(BUSINESS WIRE)--Nov. 7, 1994--Central Garden & Pet Co. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CENT) Monday Monday: see week. announced that it had signed an agreement with Pennington The name Pennington can refer to a number of different persons, places, and things. Place names In the United States
Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and . This market had previously been served by Pennington's own facility and organization in the Orlando Orlando, city, United States Orlando (ôrlăn`dō), city (1990 pop. 164,693), seat of Orange co., central Fla., in a lake region; inc. 1875. In a citrus fruit and farm area, it is one of the world's most visited vacation spots. vicinity. Under the agreement, Central will assume all former Pennington business in the state of Florida with the exception of certain golf course and retail accounts that will continue to buy directly from Pennington's manufacturing plants. Central will purchase the majority of Pennington's inventory and several Pennington employees will join Central. The new business, expected to represent over $8 million in annual sales, will be assimilated into Central's existing warehouse in Orlando. Glenn W. Novotny, president of Central Garden & Pet, said: "We are excited about the new opportunities this brings to the company. We intend to build on Pennington's current success with the independent retail trade in Florida and to grow the business with Central's existing customers. We look forward to a bright and long future with Pennington Seed and the expansion of our retail trade in this market area." Central Garden & Pet Co. is a leading national distributor of lawn and garden supply products, as well as a major distributor of pet and pool supplies. CONTACT: Central Garden & Pet, Lafayette
Glenn W. Novotny, 510/283-4573
Sard Verbinnen & Co.
Paul Verbinnen, 212/687-8080
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