Radio Systems Corporation, owner of PetSafe, Innotek, SportDOG, and Premier branded products has acquired the assets of Vet Ventures and the rights to manufacture and sell the Drinkwell Pet Fountain product line.
I see this as a great acquisition for Radio Systems and our customers. We recently introduced a collection of Healthy Pet Station feeders and water systems, so this is a great complement to that line. The Drinkwell® Pet Fountain is already a great product, and I’m confident that we can take it to a new level to provide pet owners with even more choices in water systems for their beloved pets.
Vet Venture Inc.’s Drinkwell® brand name will remain in the short term due to its strong market recognition. We will keep the Drinkwell product name however in the near future they will transition to the PetSafe® brand.