Go Back   Pet forum for dogs cats and humans - Pets.ca > In the News - Pet related articles and stories in the press > Newspaper Articles of Interest (animal/pet related) from Around the World

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old May 5th, 2010, 01:10 PM
ancientgirl's Avatar
ancientgirl ancientgirl is offline
Senior Contributor
 
Join Date: May 2007
Location: Miami, FL
Posts: 15,069
Unhappy This can't be good.

I may need to rethink the gangs food brand.


~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~
http://www.pginvestor.com/phoenix.zh...cle&ID=1422726


P&G Acquires Natura Pet Products

P&G Expands Further in 'Super Premium' Pet Food Segment

CINCINNATI, May 5, 2010 /PRNewswire via COMTEX/ --The Procter & Gamble Company (NYSE: PG) has signed an agreement to acquire Natura Pet Products, Inc., a privately-held pet food business based in Davis, California.



This move enables P&G to expand into the attractive "holistic and naturals" segment of the pet food category, complementing P&G's current Iams and Eukanuba brands and helping the Company advance its overall growth strategy of "reaching more consumers in more parts of the world more completely."

Natura's brands include Innova, Evo, California Natural, Healthwise, Mother Nature and Karma. These brands are sold in a limited number of pet specialty stores and through veterinarians, mainly in the United States and Canada.

"These outstanding brands and the great employees of Natura Pet Products will complement our Eukanuba and Iams brands very well," said Dan Rajczak, senior vice president of P&G's global pet care and snacks businesses. "This acquisition gives us a strong position in the holistic and natural pet food segment. It will enable us to enhance the health and well-being of even more dogs and cats and represents an exciting new source of growth for our business."

"It's time for the right company to take our brands to the next level of growth. P&G is that company," said John Rademakers, founder and owner of Natura Pet Products. "We know that P&G will honor our history as they capitalize on their strengths to build these brands."

Natura Pet Products employs about 140 people, mainly at its production sites in San Leandro, California and Fremont, Nebraska. P&G is targeting to close this deal in about a month, subject to customary closing conditions and regulatory clearances. Specific terms of the deal are not being disclosed.

About Procter & Gamble


Four billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R), Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R), Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Duracell(R), Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), Braun(R) and Fusion(R). The P&G community includes about 135,000 employees working in about 80 countries worldwide. Please visit http://www.pg.com for the latest news and in-depth information about P&G and its brands.

SOURCE Procter & Gamble
__________________
There are only two rules at my house: House rule #1. Cats rule. House rule #2. See rule #1.

http://nuriaandthegang.shutterfly.com/
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Terms of Use

  • All Bulletin Board Posts are for personal/non-commercial use only.
  • Self-promotion and/or promotion in general is prohibited.
  • Debate is healthy but profane and deliberately rude posts will be deleted.
  • Posters not following the rules will be banned at the Admins' discretion.
  • Read the Full Forum Rules

Forum Details

  • Powered by vBulletin® Version 3.8.8
    Copyright ©2000 - 2024, vBulletin Solutions, Inc.
    vBulletin Optimisation by vB Optimise (Reduced on this page: MySQL 0%).
  • All times are GMT -5. The time now is 03:37 AM.