FURminator closing Fenton headquarters

Share |
FURminator closing Fenton headquarters
Font Size:
Default font size
Larger font size
FURminator
loading Loading…
  • FURminator
  • FURminator
  • FURminator

Related Video

Related Stories

FURminator, the maker of pet deshedding tools, is leaving the St. Louis area. The recently acquired company, which turned a local invention into a hit product among pet owners, will close its Fenton headquarters by the end of September, a decade after the business was founded.

Spectrum Brands Holdings of Madison, Wis., which bought FURminator two months ago for $140 million, is shifting FURminator operations to its United Pet Group subsidiary based in Cincinnati. United Pet Group's other brands include Tetra fish food and Nature's Miracle pet stain and odor removing products.

All of FURminator's 31 headquarters jobs will be eliminated, confirmed Spectrum Brands' spokesperson Dave Prichard. Employees were told of the headquarters closure on Thursday and have been offered severance and bonuses for remaining on the job until the closing.

FURminator's deshedding brushes for dogs, cats and other animals - under the FURminator and FurGOpet brand names - are sold at Petco, PetSmart and mass retailers such as Wal-Mart. The company's annual revenue totals nearly $40 million.

Spectrum Brands sees growth potential in international sales for FURminator's products "particularly in Europe and Japan where United Pet Group has boots on the ground," Prichard said.

Approximately a third of FURminator's sales were outside the U.S. when Spectrum Brands bought the company from Indianapolis-based private equity firm Hammond, Kennedy, Whitney & Co. and other shareholders in December 2011.

"That's not bad given the young life of the company," Prichard said of FURminator's international reach.

FURminator was founded in 2002 by husband and wife David and Angie Porter. Angie Porter, who owned a pet grooming shop in south St. Louis, came up with the idea of attaching a blade to a hairbrush to remove the undercoat and loose hair without damaging the animal's skin.

The rapid growth of the company over the last decade landed FURminator on Inc. magazine's fastest growing companies list for reaching $25 million in sales in 2007. The Porters sold a majority stake in the company to Hammond, Kennedy, Whitney & Co. in 2008.

Read more from Lisa Brown, who covers banking, consumer products and legal affairs for the Post-Dispatch. Follow her on Twitter @lisabrownstl and the Business section @postdispatchbiz.

Copyright 2012 stltoday.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Print Email

Sponsored Links

most popular

Deals, Offers and Events

American Fitness
Summer Special
American Fitness
Lighthouse Dental
NEW PATIENTS special!
Lighthouse Dental
Electronic Tax Services
Electronic Tax Service is getting 5 stars!
Electronic Tax Services
Lighthouse Dental
20% OFF coupon for existing customers!
Lighthouse Dental
Hardware of the Past
Looking for a wide range of antique furniture?
Hardware of the Past