Chewy enters agreement to acquire Modern Animal

Chewy (CHWY) announced it has entered into a definitive agreement to acquire Modern Animal. This acquisition represents an important strategic step in Chewy’s evolution into a fully integrated pet healthcare ecosystem, combining care, commerce and services across the pet lifecycle. Modern Animal adds a scaled, tech-enabled in-person care model that accelerates Chewy’s clinic expansion and complements its existing health, pharmacy and Chewy Vet Care capabilities.