Nestlé Purina PetCare completed the acquisition of Lily’s Kitchen from L Catterton.

Nestlé Purina PetCare, a pet food manufacturer, completed the acquisition of natural pet food brand Lily’s Kitchen, from private equity investor L Catterton. Financial terms were not disclosed. "We very much respect the powerful brand, strong ethical values and impressive sales growth their experienced management team has achieved. Natural foods represents an exciting and rapidly expanding part of the pet care market, and this move reflects our desire to act on consumer trends and invest in high-growth categories. Lily's Kitchen is an excellent fit with our existing brand portfolio, and we look forward to supporting their continued growth with Purina's own world-leading pet care expertise, insight and global resources," Bernard Meunier, Nestlé Purina PetCare CEO.