Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Private
Canada
Cross Border
pet food
Friendly
Food Products
Majority
Private Equity
Completed
Synopsis
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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