Mars, the leading food multinational, has announced an investment of $112.6 million ($76.3 million) in its pet food facility in Wodonga, in Australia’s Victoria state. According to a report in Inside FMCG, the upgraded 7,800 sq m facility will mostly be dedicated to producing single-serve pouches for the company’s Whiskas, Advance, Optimum and Dine brands, adding a a combined annual capacity of 25 kilotonnes. Commenting on the move, Craig Sargeant, GM at Mars Petcare …
Loading tweets...
Pet Care
Japanese brewer Kirin has announced the acquisition of Blackmores, an Australian vitamin and supplement producer, in a deal worth $1.2 billion. According to a Reuters report, the deal will enable Kirin to further diversify its portfolio. While alcoholic beverages comprise around half of Kirin’s sales, the company also has a health sciences division which the Blackmores acquisition is intended to complement. The Blackmores product range includes vitamins, dietary supplements and …
US-based food and beverage company JM Smucker has announced the closing of a transaction to sell several pet food brands to Post Holdings for approximately $1.2 billion. The acquisition, which was announced in February, includes brands such Rachael Ray Nutrish, 9Lives, Kibbles ‘n Bits, Nature’s Recipe and Gravy Train, a private label pet food business, and several manufacturing and distributing facilities. “With the close of this transaction, we are excited to …
FMCG giant Colgate-Palmolive has announced plans to acquire three dry pet food manufacturing plants in the US from Red Collar Pet Foods for $700 million. According to Colgate-Palmolive, the acquisition aims to support the global growth of its Hill’s Pet Nutrition business and includes the transfer of approximately 350 employees. The manufacturing plants – in Orangeburg (SC), Clinton (OK), and Washington Court House (OH) – will be part of Hill’s Pet …
FMCG multinational Nestle has announced plans to invest over BRL$1.8 billion ($352.9 million) in Brazil this year. According to sources, 40% of this investment is planned to be applied to a new plant, located in Vargeao (Santa Catarina), to produce Nestle Purina products. The new factory is already under construction since January this year. The company also plans to invest BRL$1.1 billion ($215 million) in industry operations such as new …
US food giant General Mills has announced that it has reached an agreement to acquire Tyson Foods’ pet treats business. According to General Mills’ press release, the move is part of the company’s strategy to reshape its portfolio for growth by adding an ‘attractive’ business to the fast-growing pet platform. Bethany Quam, General Mills group president, pet segment said: “Pet food is a high-growth category, fueled by the humanization of …
Ice cream maker Ben & Jerry’s, a subsidiary of FMCG multinational Unilever, has entered into the pet food market with Doggie Desserts, a new line of frozen dog treats. The range is said to use the same ingredients a the company’s regular non-dairy desserts such as pea protein, coconut oil, and wheat flour, with a base of sunflower butter. “We know our fans love their dogs and treat them like …
US food and beverages manufacturer JM Smucker has entered into an agreement to sell its pet food business Natural Balance to Nexus Capital Management for $50 million. The transaction is said to be part of the company’s plan to focus on its core pet care portfolio, which includes brands such as Rachael Ray Nutrish, Milk-Bone, and Meow Mix, which have significant long-term growth potential, according to the company. Mark Smucker, president, …
Multinational food and drinks giant Nestle, has announced an investment of $103.58 million to build the first plant-based food facility in China. The investment will include the expansion of the existing pet food plant, an upgrade of the production line of confectionary business, the fist plant-based production facility in Asia and will also further develop its Tianjin Nestle Quality Assurance Centre. The company sees this trend as “a significant opportunity” …
US e-commerce giant Amazon has added to its own brand line up of grocery products with the launch of a range of pet food under the name Wag, according to a report in CNet. The new brand is the latest addition to Amazon’s expanding portfolio of private label brands, which currently comprises more than 70 lines across a diverse range of product categories. The initial offering under the Wag brand …
Copyright © 2020. Gama. All rights reserved. Privacy Policy | Legal Notice
Pet Care Archives - Gama