Nestlé SA is angling to take control of Canada’s Champion Petfoods for more than $2 billion, according to people familiar with the matter, as the consumer-goods giant seeks out higher-growth businesses to help offset its struggling packaged-foods operations.
Nestlé is in talks to acquire a majority stake in the closely held maker of specialty cat and dog food, whose owners include Toronto buyout firm Bedford Capital. The talks, however, could still break down before a deal is completed.
...
Related Posts :
FDA expands dog food recall for elevated vitamin D - WLS-TV- Arbor launches Red Collar Pet Foods - Feedstuffs
- Elevated vitamin D in pet food sparks two more recalls - Food Safety News
- Smucker's Pet Foods Lag Behind Expectations - Wall Street Journal
- Eight brands of dog food being recalled for possibly toxic levels of Vitamin D - The News Center