Pets+ Magazine (Div. of SmartWork Media)

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The sale price was about $8B. (Press Release) MINNEAPOLIS -- General Mills Inc. (NYSE: GIS) announced it has completed the acquisition of Blue Buffalo Pet Products Inc. for $40 per share in an all-cash transaction, which represents an enterprise value of approximately $8 billion. The addition of Blue Buffalo establishes General Mills as the leader...

It’s the third in a series of similar deals. MISSISSAUGA, ONTARIO -- Dane Creek Capital Corp., a merchant banking venture with a focus on the pet industry, has acquired Naturawls Pet Products, a St. Thomas, Ontario-based manufacturer of raw pet food and dehydrated pet treats for dogs and cats. The purchase price was not disclosed. Dane Creek said...

They're less trusting than prior generations. Millennials have set new standards for bonding with and spending money on pets. But the future of the U.S. pet industry rests not only with millennials, who are now in their late 20s and their 30s, but also with their younger counterparts known as Gen Z, according to market intelligence firm Packaged...

(PRESS RELEASE) STAMFORD, CT — Andrew Darmohraj, executive vice president and chief operating officer of the American Pet Products Association, announces that Global Pet Expo 2018 wrapped up its 14th show with record-setting size during the three-day Premier Industry Event. Global Pet Expo, presented by APPA and the Pet Industry Distributors...

It’s now based in Wichita. Buddy Brands, a maker of pet products, has purchased SitStay, an e-tailer focused on supplies for therapy and service dogs. With the acquisition, SitStay has moved to Wichita, KS, from Lincoln, NE, the Silicon Prairie News reports. Financial terms of the deal were not disclosed. Trevor Crotts, president of Buddy Brands,...

The company specializes in canine inherited eye disorders. BRUSSELS — Mars Petcare has acquired OptiGen LLC, a DNA diagnostics company specializing in canine inherited eye disorders. Included in the acquisition are exclusive licenses to a portfolio of genetic disease tests patented in the U.S., Australia and many countries in Europe, and a biobank...

(PRESS RELEASE) COLLEGE STATION, TX - At the North American Veterinary Community (NAVC) and Texas A&M University’s Veterinary Innovation Summit, Mars Petcare announced the launch of Pet Insight Project, a three-year study of more than 200,000 dogs across the U.S. to uncover important links between pet activity, behavior and health. Through its pet...

(PRESS RELEASE) DALLAS, TX – Pupco Brands Inc. announces that Mark Hughes has joined the company as general manager/national sales manager. Hughes' responsibilities will include directing Pupco’s sales team as well as overseeing all administrative functions within the company. In addition, he will be responsible for developing and implementing...

Health Extension announces that Joel Katz has been promoted to the position of chief commercial officer. "For the past several years, Katz has been an integral part of helping Health Extension align with our mission and vision," said Brad Gruber, president of Health Extension. "His dedication and skill set are unlike anything I've ever seen before...

The firm makes the Nutrish brand. The J.M. Smucker Co. has announced plans to acquire Ainsworth Pet Nutrition LLC, maker of Rachael Ray's Nutrish brand. The deal is valued at about $1.7 billion after an estimated tax benefit of $200 million, according to a press release. "Ainsworth Pet Nutrition is an excellent strategic fit for our Company, as the...