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Pet Food News
On August 4, 2014

Mars acquires Procter & Gamble petfood business

Company now holds North America, Latin America brands, aims to purchase business in Asia Pacific, Middle East and Africa

Mars Incorporated has successfully completed its acquisition of the Iams, Eukanuba and Natura brands in North America, Latin America and other select countries from The Procter & Gamble Company (P&G). This follows an agreement announced by the companies in April 2014 and receipt of all necessary regulatory approvals.

Mars said it will exercise the option to purchase P&G’s petfood business in some parts of Asia Pacific, Middle East and Africa, including Australia, Japan and Singapore. This move reinforces the company’s strategic intent to build its presence in emerging markets and will enable Mars Petcare to meet the needs of more customers and pets around the world. Mars said it expects that the close for these additional businesses may take up to around a year, subject to regulatory approvals.

The Iams, Eukanuba and Natura brands will be part of Mars Petcare and are strategic additions that complement the company’s pet care portfolio. They join Pedigree, Whiskas, Royal Canin, Banfield and Nutro. “We are proud to welcome the Iams, Eukanuba and Natura brands and the new associates who are joining us today,” said Todd Lachman, president of Mars Petcare. “These brands are high quality and well respected by customers, vets and pet owners, and we believe they will thrive under our leadership. Together, we will be well positioned to take advantage of the fast growing pet care market, and satisfy the needs of more customers and pets around the world.”

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Read the April issue of Petfood Industry!

April 2015

The April 2015 issue of Petfood Industry looks at different pet food markets around the world. Read about Sojos, a US company which aims to transform the lives of pets through raw pet food. As these specialized diets become increasingly popular in the dog and cat food markets, learn how such trends are carrying over into bird and small animal food. Plus, see how pet food companies in Russia are reacting and reconsidering production strategies in the wake of rising prices due to exchange rate fluctuations.

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