Chuck & Don's is being bought out by a pet company based in New York.
The Mahtomedi-based pet supply chain, which has most of its stores in the Twin Cities metro, has been acquired by Independent Pet Partners (IPP), it was confirmed on Friday.
As part of the takeover, Chuck & Don's will keep the name on all 45 of its locations, which includes 30 in Minnesota, 11 in Colorado, three in Kansas and one in Hudson, Wisconsin.
In a press release, IPP said that the retailer's founders, Chuck Anderson and Don Tauer, have "built an amazing business."
"We like their product mix, the consistent experience that customers get in their stores, and the way they train their associates. It’s just a really well run business," he said.
"There are things we can bring to the table to help improve those stores, but we’re going to do a lot of learning from them, as well."
All well as keeping its name, all of Chuck & Don's 494 current employees will keep their jobs, while its head office in Mahtomedi will operate as co-headquarters with IPP's New York home.
Anderson and Tauer founded the company in 1990, opening their first store in Eagan, Minnesota.
The Business Journals reports that the retailer had actually been in the process of selling itself to its employees, a process not due to finish until 2020 at the earliest. It's not clear how the sale to IPP will affect this.