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New Deal


Announced

Completed

Mars Petcare completed the acquisition of Champion Petfoods from Bedford Capital and Healthcare of Ontario Pension Plan.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

Canada

Cross Border

pet food

Friendly

Food Products

Majority

Private Equity

Completed

Synopsis

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Mars Petcare, a provider of high quality, science-backed nutrition and therapeutic health products, completed the acquisition of Champion Petfoods, a manufacturer of specialty pet food products, from investment management firms Bedford Capital and Healthcare of Ontario Pension Plan. Financial terms were not disclosed. "We are thrilled to welcome Champion Petfoods and its more than 800 talented people to the Mars Petcare family. The Champion Petfoods team has been a pioneer in developing high-quality and premium pet food in the natural category that pet lovers around the world trust. Together, we will be even better positioned to support pet lovers and fulfill our Purpose to create A BETTER WORLD FOR PETS," Ikdeep Singh, Mars Pet Global President.

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