United Raw Pet Foods Inc. Announces Special Promotional Campaign Involving Four of its Industry-leading Frozen Raw Pet Food Brands

As the first prong of the campaign, United Raw is offering a 10% discount to retailers on wholesale purchases of frozen raw pet food for both its Tollden Farms and Spring Meadows brands. The Tollden Farms promotion will be available to pet specialty retailers in Ontario and Quebec, and the Spring Meadows promotion will be available to pet specialty retailers in Manitoba, Alberta, Saskatchewan and British Columbia. For the duration of the promotional period, 10% of the cost of Tollden Farms and Spring Meadows wholesale orders will be deducted from qualifying stores’ invoices, providing an instant cash boost to retailers every time they sell Tollden Farms and Spring Meadows raw food to pet owners. Further, United Raw is extending direct payment terms from 30 to 45 days for qualifying stores during the promotional period.

As the second prong of the campaign, United Raw is offering pet owners a 10% discount on the retail cost of all frozen raw pet food from leading national brands, Naturawls and Pets 4 Life. The Naturawls and Pets 4 Life promotion will be available to pet owners across Canada. Under this promotion, qualifying stores will simply provide a 10% discount to their customers, and then collect and submit eligible receipts to redeem the aggregate value of the 10% retail discount.

United Raw is a majority-owned subsidiary of Dane Creek Capital Corp. (‘DCCC’), a privately held Canadian merchant banking venture dedicated to the pet industry. Over the past three years, DCCC and United Raw have acquired five frozen raw pet food manufacturers. Today, United Raw represents the largest family of frozen raw pet food brands in Canada with ten brands for pet owners to choose from. Raw pet food sales have increased dramatically over the past several years as more pet owners have come to realize the health benefits of raw feeding for their dogs and cats.

‘We think this promotional campaign will benefit two groups that are very important to the success of our brands, and to raw feeding in Canada more generally’ said Mark Warren Chairman & CEO of DCCC. ‘The discount offered to stores on purchases of our Tollden Farms and Spring Meadows brands, in tandem with the extension of payment terms offered to qualifying stores, will help alleviate some of the cash flow issues stores are currently suffering from. At the same time, the offer of a retail discount on our Naturawls and Pets 4 Life brands will give those pet owners who are struggling financially the opportunity to reduce their pets’ feeding costs.’

Naturawls and Pets4Life are leading national frozen raw pet food brands that can be found in pet specialty retail stores across Canada. Both brands are manufactured in St. Thomas, Ontario. Tollden Farms, manufactured in Kemptville, Ontario, is one of the largest regional brands in Canada and is available in pet specialty retail locations throughout Ontario and Quebec. Spring Meadows, manufactured in Saskatoon, Saskatchewan, can be found in pet stores throughout western Canada and in selected pet specialty retail locations in eastern Canada. Pet specialty retailers are encouraged to visit the four brands’ social media pages for more information on this promotional campaign.

‘At a time when stores and pet owners are struggling, many pet food companies are increasing prices to consumers, tightening payment terms for stores, and in some cases, using the current pandemic as a reason to by-pass the very pet retailers which have built their businesses entirely by offering direct home delivery’ added Mr. Warren. ‘In contrast, we are, through this multi-brand campaign, aiming to provide financial relief to pet stores and pet owners alike’.

Earlier this month, United Raw announced pay increases for both hourly and salaried staff at its four manufacturing locations in Canada. Hourly staff received a 10% permanent pay increase and salaried staff, a 5% permanent increase.

‘We see our success as being built primarily on three pillars, which are pet owners, pet specialty retailers, and our staff on the front lines who manufacture our pet foods every day. These pillars are the key drivers of our business and we want to make sure we look after all three as best we can during the current pandemic’ concluded Mr. Warren.

The promotional campaign will include retail orders of Tollden Farms and Spring Meadows received from Monday April 20, 2020 up to and including May 15, 2020; and consumer purchases of Naturawls and Pets 4 Life made at participating pet specialty retailers during the same period.

About Dane Creek Capital Corp.

Dane Creek Capital Corp. is a privately held Canadian merchant banking venture dedicated to the pet industry. With over 30 years of experience in the pet industry and an extensive network of industry professionals, we offer valuable financial and management support to up-and-coming companies in the companion animal sector through selective, strategic investments. Our investment horizon is long-term taking into account current trends and changes in pet owner demographics with a current focus on opportunities in sustainable and raw pet food products, pet supplements and nutraceuticals, alternative models for veterinary care, pet insurance and biotechnology.

About United Raw Pet Foods Inc.

United Raw Pet Foods Inc. is a privately held leading Canadian manufacturer of frozen raw pet foods. United Raw’s portfolio represents the largest family of frozen raw pet food brands in Canada, with its ten brands manufactured by a network of four manufacturing facilities located in Ontario, Alberta, and Saskatchewan and distributed nationally. United Raw’s brands can be found in most pet specialty stores in Canada. United Raw is 70% owned by Dane Creek and 30% owned by Dane Creek shareholders.

For more information visit www.danecreekcap.com.