PetQuarters.com Acquires Humboldt

PetQuarters.com, Lonoke, AR, has acquired Humboldt Industries Inc., Hazelton, PA. Humboldt distributes two pet catalogs, Home Pet Shop and the Dog’s Outfitter, to retail and wholesale customers throughout the United States. In addition to an undisclosed amount of cash, the purchase price included shares of PetQuarters common stock. Humboldt, which had revenue of nearly $15 million in 1998, operates a call center, an internal catalog design department and a warehouse operation.