Author Topic: Nestle Purina in “talks” to purchase Champion Pet Food  (Read 257 times)

Offline DeeDee

  • P-F's Twitter-er
  • Charter Member
  • Motor Mouth
  • Join Date: Jul 2012
  • Posts: 6013
  • Country: us
  • Barkly & Vlad
Nestle Purina in “talks” to purchase Champion Pet Food
« on: July 02, 2018, 11:43:14 AM »
Per the Wall Street Journal “Nestlé is in talks to acquire a majority stake in Canada’s Champion Petfoods for more than $2 billion…”

The Wall Street Journal article states “Nestlé’s interest in Champion comes about a year after the company first disclosed a far-reaching plan to revive its stock price by investing in areas such as pet care…”

“The acquisition of Champion could help Nestlé sustain the momentum of its pet-food operation, while providing the Edmonton, Alberta-based company with a broader customer base to sell to. Champion, as a closely held company, doesn’t disclose financial information. But it and other natural pet-food makers are growing faster than more traditional rivals as more health-conscious consumers increasingly do for their pets what they do for themselves by buying more natural food and high-end treats.”

If the sale goes through…will consumers buy Orijen and Acana if it is a Purina product? Will independent pet food stores continue to sell the brands?

The rest of the story at:

And the WSJ article:
"In order to really enjoy a dog, one doesn't merely try to train him to be semihuman. The point of it is to open oneself to the possibility of becoming partly a dog." Edward Hoagland
"Thorns may hurt you, men desert you, sunlight turn to fog; but you're never friendless ever, if you have a dog."

Offline Middle Child

  • Charter Member
  • Motor Mouth
  • Join Date: Jun 2011
  • Posts: 7992
  • Country: us
  • Just say No to declawing
Re: Nestle Purina in “talks” to purchase Champion Pet Food
« Reply #1 on: July 02, 2018, 01:10:12 PM »
<Shrug> one garbage pet food company buying up another.  It's still all crap.