CENTRAL GARDEN & PET COMPANY
8-K, 1996-11-13
MISCELLANEOUS NONDURABLE GOODS
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<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549


                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 of 15(d) of the
                        Securities Exchange Act of 1934



Date of Report (Date of earliest event reported)      November 11, 1996
                                                      ----------------


                          Central Garden & Pet Company
                          ----------------------------
             (Exact name of registrant as specified in its charter)


       Delaware                         0-20242             68-0275553
- ---------------------------------------------------------------------------
  (State or other jurisdiction     (Commission File       (IRS Employer
      of incorporation)                 Number)         Identification No.)
 


3697 Mt. Diablo Boulevard, Lafayette, California                  94549
- ---------------------------------------------------------------------------
(Address of principal executive offices)                        (Zip Code)



Registrant's telephone number, including area code   (510) 283-4573
                                                     --------------


                                  Inapplicable
                                  ------------
          (Former name or former address if changed since last report)


Exhibit Index located on page 3

<PAGE>
 
Item 5.  Other Events
         ------------

         On November 11, 1996, Central Garden & Pet Company issued a press
         release announcing that it sold in a private placement $100,000,000
         aggregate principal amount of 6% Convertible Subordinated Notes due
         2003 (not including up to an additional $15,000,000 to cover over-
         allotments, if any).

Item 7.  Financial Statement and Exhibits
         --------------------------------

         (a)  Not applicable

         (b)  Not applicable

         (c)  See attached Exhibit Index.

                                       2
<PAGE>
 
                                 EXHIBIT INDEX


<TABLE> 
<CAPTION> 
                                                  
Number         Exhibit                                    Page Number
- ------         -------                                    -----------
<S>           <C>                                           <C> 

99.1           Press Release dated November 11, 1996.         5
</TABLE> 

                                       3
<PAGE>
 
                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the

Registrant has duly caused this report to be signed on its behalf by the

undersigned hereunto duly authorized.

                              CENTRAL GARDEN & PET COMPANY



                              By /s/ Robert B. Jones
                                 -------------------------------
                                 Robert B. Jones, Vice President
                                 and Chief Financial Officer

Dated:  November 12, 1996

                                       4

<PAGE>
 
                                                                    EXHIBIT 99.1

                      [LETTERHEAD OF CENTRAL GARDEN & PET]

                                                                Corporate Office
                                                3696 Mt. Diablo Blvd., Suite 310
                                                            Lafayette, CA  94549
                                                                  (510) 283-4573
                                                                  (510) 283-4984
FOR IMMEDIATE RELEASE
- ---------------------

                              Contact:      Gregory Reams
                                            Central Garden & Pet
                                            510/283-4573

                                            Paul Verbinnen/Debbie Miller
                                            Sard Verbinnen & Co
                                            212/687-8080

                     CENTRAL GARDEN & PET COMPANY ANNOUNCES
                SALE OF CONVERTIBLE SUBORDINATED NOTES DUE 2003
                -----------------------------------------------


        LAFAYETTE, CA, November 11, 1996 --- Central Garden & Pet Company
(NASDAQ: CENT) announced today that it sold in a private placement $100,000,000
aggregate principal amount of 6% Convertible Subordinated Notes due 2003 (the
"Notes")(plus up to an additional $15,000,000 to cover allotments, if any).

        The Notes are not callable for three years and will be convertible
into Central Garden Common Stock at an initial conversion price of $28.00 per
share.
 
        The net proceeds of the offering will be used to repay short-and long-
term indebtedness and for potential acquisitions and general corporate purposes,
including the pending acquisition of the United States and Canada flea and tick
business of Sandoz Agro, Inc.

        The Notes and the Common Stock issuable upon conversion thereof have not
been registered under the United States Securities Act of 1933 and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements. The issuance of the Notes has been
structured to allow secondary market trading under Rule 144A under the
Securities Act of 1933.

        Central Garden & Pet Company is the leading national distributor of
lawn, garden and pet supply products.


                                     # # #

                                       5


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