Japan's Unicharm Corp. announced it is willing to spend 65.7 billion yen (US$698 million) to buy the shares it does not already own in its petfood-making affiliate, Unicharm Petcare Corp. , according to Reuters .
Unicharm currently owns about 37% of the petfood firm, which is one of the top global petfood manufacturers and has made the Petfood Industry Top 10 list for several years.
2 top trends for 2021 according to the pet food industry
New shelter data casts doubt on whether the pet population and pet ownership are truly growing.
Shelter pet adoption numbers down in 2020, but high rate
While the pandemic caused unprecedented suffering worldwide in 2020, the disruptions to dogs, cats and other pets adoption numbers may normalize in 2021.