Pet Food Processing - March 2023 - 8

BUSINESS BRIEFS
Post Holdings acquires J.M. Smucker
pet food brands for $1.2 billion
Post Holdings, Inc. is acquiring several pet food brands and manufacturing
assets from The J.M. Smucker Co. for approximately $1.2 billion.
The acquisition will give Post Holdings a compelling entry point
into the growing pet food category, according to the company.
Brands to be acquired include Rachael Ray Nutrish, Nature's Recipe,
9Lives, Kibbles 'n Bits and Gravy Train. Combined, the brands generated
sales of $1.5 billion in the year ended April 30, 2022, according to
The J.M. Smucker Co.
The divestiture does not include The J.M. Smucker Co.'s Meow Mix
brand, which is No. 1 in the dry cat food market, according to the
company, or it's Milk-Bone brand, which the company hopes will lead
its dog snacks business beyond $1 billion in sales in the coming years.
PURINA PURCHASES PET
TREAT FACILITY FROM RED
COLLAR PET FOODS
Nestlé Purina PetCare revealed plans to acquire
Red Collar Pet Food's pet treat facility
located in Miami, Okla., from parent company
Arbor Investments. The facility will expand
Purina's pet treat capacity and serve as
the 22nd Purina-owned and operated facility
throughout the United States.
" We look forward to welcoming the Red
We accept that we must compete
in the market, but when the market
is subsidized by multiple government
agencies and the White House, we are
unable to fairly compete for products. "
Dana Brooks, Pet Food Institute
Hill's Pet Nutrition to relocate to Kansas City area
Hill's Pet Nutrition plans to relocate its global and US headquarters
to Overland Park, Kan. The new location will allow the company to
establish a hub in the Greater Kansas City area, which consists of both
Kansas City, Mo., and Kansas City, Kan.
" We are proud to extend our 75-year history in the Sunflower State, "
said John Hazlin, president and chief executive officer of Hill's Pet
Nutrition. " We will continue investing in our science, innovation and
manufacturing hubs in Topeka - while expanding our footprint with
the creation of a new hub for our global and US headquarters in the
Greater Kansas City area. This marks an important step in our global
growth as we work to meet the growing demand for our science-led
pet nutrition. "
The relocation will take place in the fourth quarter of 2023.
8 PET FOOD PROCESSING | March 2023 | www.petfoodprocessing.net
Collar team to the Purina family and becoming
part of the Miami community, " said
Nolan Terry, head of manufacturing for
Nestlé Purina North America. " Working together,
we can continue our shared legacy
of operational excellence when it comes to
the safety of our people and quality of our
products. "
Purina selected Red Collar's Miami facility
based on its current production capabilities
in soft and meaty pet treats, its future production
potential, and Red Collar's commitment
to product quality and food safety. The
pet food giant has worked with Red Collar
since 2022 to co-manufacture many soft chew
treats under Purina's portfolio and the Zuke's
brand. The facility will produce Purina's current
and future treat lines for dog and cats.
" The Miami, Okla., plant has a long legacy
of industry-leading safety and quality, from
the knowledgeable people to the high-quality,
safe treats they produce, " said Jim Cohen,
president and chief executive officer at Red
Collar. " We are pleased that Miami's expertise,
operational excellence and dedicated associates
will be a great fit for Nestlé Purina. "
The facility acquisition is expected to close
in March.
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Pet Food Processing - March 2023

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