The move brings together two Canadian brands that have seen exceptional growth in their respective locales, with Mondou having 74 stores in Quebec and Ren’s Pets having just opened its 35th store last week in New Brunswick. With 31 stores in Ontario, two in New Brunswick and two in Nova Scotia, Ren’s will be continuing its expansion with added resources from Legault.
“This transaction is part of Legault Group’s growth plan, which is based on expanding our activities in Canada through acquisitions and partnerships focused on innovation,” said Martin Deschênes, Chief Executive Officer of Legault Group. “It will allow both companies to combine their strengths and accelerate their growth in Canada by opening new stores through an agile and flexible approach.”
“We are proud to join Legault Group and combine our strengths with the Mondou store network in order to pursue our development. We share common values with this respected team in the Canadian industry such as customer service excellence and a commitment to the community and the well-being and health of animals,” added Scott Arsenault, President of Ren’s Pets. “We are confident that this transaction will be beneficial not only to both banners, but also to all Canadian consumers who care about their pets.”
“It is very important for us to preserve the unique character of Ren’s Pets and respect the original concept that has made the company’s success and reputation for over 40 years,” explained Jules Legault, President and Co-owner of Legault Group. “This acquisition therefore represents collaboration and continuity for Ren’s Pets, since the brand and all the personnel, including the current management team, will remain in place.”
“The acquisition brings together two phenomenal brands, Ren’s Pets & Mondou, to form a powerhouse in Canadian pet retail,” shares Larissa Wasyliw, VP Ecommerce & Marketing at Ren’s Pets. “Working together for your pet’s best life, we’ll be collaborating, synergizing, and sharing best practices- it’s going to be amazing. You’ll see even more fast-paced growth from both brands.”
Commenting on the acquisition, one customer stated, “Coupled with one of the best pet insurance plans, pet owners can now find everything they need at either Rens or Mondou. It hasn’t been easier to find what we want when we need it.”
With the pet industry booming through the pandemic, the ability for the brand to expand into the post-pandemic environment is greater for Legault moving forward.