Nestlé SA in “talks” to buy majority stake in Champion PetFoods for over US$2b

CANADA – Nestlé SA, a Swiss transnational food and drink company, is in talks to buy a majority stake in Champion Petfoods LP for more than US$2-billion, according to the Wall Street Journal, citing people familiar with the matter. Nestlé is under pressure to deliver faster growth in its portfolio of products and is looking…

Amazon launches own pet-food brand, Wag for dogs

USA - Amazon, the American ecommerce company has launched its own brand of pet food, Wag, a private label of pet food, stretching its retail muscles further into the pet business. According to Bloomberg, the Wag brand was launched with dry dog food and Amazon plans to expand the range into other pet supplies. The…

ADM opens a new high capacity facility in the US

USA - ADM Animal Nutrition has debuted a new high capacity premix facility in Effingham, Illinois, U.S to serve its wide pet food and animal nutrition category in the US. The new plant provides customers with higher standards for quality and process controls plus industry-leading technology needed to meet and exceed their needs, said Chuck…

JM Smucker to acquire Ainsworth Pet Nutrition for US$1.9 billion

USA - JM Smucker has announced the acquisition of Ainsworth Pet Nutrition for US$1.9 billion plus an estimated tax benefit of US$200 million and considers a divestiture of its US baking business including brands like Pillsbury and Martha White. The acquisition aims at strengthening the company’s pet food portfolio to drive growth and expand its…

JM Smucker recalls dog food, potentially contaminated with Euthanasia Drug

USA - JM Smucker, manufacturer and marketer of branded food and beverage products across the coffee, consumer foods and pet food retail chain has voluntarily recalled dog food, said to be potentially contaminated with Euthanasia, a drug used as a seductive euthanizer or anaesthetic for animals. The voluntary recall includes specific shipments of Gravy Train, Kibbles…