Central Garden & Pet Co. (NasdaqGS:CENT) acquired remaining majority stake in FourStar Microbial Products, LLC for $4.8 million in cash in December, 2012. Under the terms of agreement, Central Garden $4.8 million in cash with possible contingent future performance-based payments. The acquisition is not expected to have a material impact on Central Garden's 2013 financial results.

Central Garden & Pet Co. (NasdaqGS:CENT) completed the acquisition of remaining majority stake in FourStar Microbial Products, LLC in December, 2012.