Nestlé Reportedly in Talks to Buy Champion Petfoods



The Wall Street Journal is reporting that Nestlé is in talks to acquire a majority stake in Champion Petfoods for more than $2 billion. Citing "people familiar with the matter," the report warns that the talks could still break down before a deal is completed.


A favorite among independent pet specialty retailers because of its commitment to this retail segment, Champion produces dog and cat food under the Orijen and Acana brands.


More to come as this story develops...


Edit ModuleShow Tags

Archive »Related Content

Freshpet Launches Homestyle Creations

The new line includes 100 percent human-grade, customizable dog recipes.

PetRageous Designs to Launch New Products at Global Pet Expo

The company teamed up with Grumpy Cat Limited to create the line.

Phillips to Distribute Nutrish Food and Treats

The Nutrish line was created by Rachael Ray.
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags