Addition Will Expand Capabilities for In-House Production of Dog and Cat Treats for Pet Care Leader
ST. LOUIS, Feb. 7, 2023 /PRNewswire/ — Nestlé Purina PetCare today revealed strategies to obtain Red Collar Pet Foods’ Miami, Oklahoma family pet deals with factory from Arbor Investments, with an awaited closing in March. The addition of the Miami factory to Purina’s North American production footprint will mark the 22nd Purina owned and run center across the country and broaden internal abilities for dog and cat deals with development and production.
The Red Collar factory was thoroughly chosen based upon its existing and future soft and meaty family pet deals with production abilities and shared dedication to quality and safety. Purina has actually dealt with the Red Collar group given that 2022 to co-manufacture a number of soft chew family pet deals with under its Purina deals with portfolio and Zuke’s brand names.
“We eagerly anticipate inviting the Red Collar group to the Purina family and entering into the Miami neighborhood,” said Nolan Terry, head of producing for Nestlé Purina North America. “Working together, we can continue our shared tradition of functional quality when it pertains to the safety of our individuals and quality of our items.”
For Red Collar, the sale highlights the quality of the Miami operations and group.
“The Miami, Oklahoma plant has a long tradition of industry-leading safety and quality, from the experienced individuals to the top quality, safe treats they produce,” said Jim Cohen, president and CEO at Red Collar Pet Foods. “We are happy that Miami’s proficiency, functional quality and devoted partners will be a fantastic suitable for Nestlé Purina.”
The acquisition comes throughout a duration of record development and capital expense for Purina. Two dry food factories are presently under building and construction in Eden, North Carolina and Williamsburg Township, Ohio, which are anticipated to open in late 2023 and 2024 respectively. Between 2020-2025, Purina is investing more than $2 Billion in factory growths, brand-new building and construction and acquisitions, producing more than 850 brand-new tasks while doing so.
“Continued development and broadened production abilities are crucial to help drive future development in our deals with business,” said Andrea Faccio, Chief Growth Officer at Purina. “The Red Collar group has the proficiency to include remarkable worth to Purina as we pursue brand-new opportunities to feed and deal with dogs and cats.”
Following closing, Purina will begin transitioning factory operations to produce its existing and future dog and cat reward items.
ABOUT PURINA
Nestlé Purina PetCare produces richer lives for animals and individuals who like them. Founded in 1894, Purina has actually assisted dogs and cats live longer, much healthier lives by providing clinically based dietary developments. Purina makes a few of the world’s most relied on and popular family pet care items, consisting of Purina ONE, Pro Plan, Fancy Feast and Tidy Cats. Our more than 8,700 U.S. partners take pride in our relied on family pet food, reward and litter brand names that feed 51 million dogs and 65 million cats every year. More than 500 Purina researchers, vets, and family pet care specialists guarantee our dedication to unparalleled quality and nutrition.
Purina promotes accountable family pet care through our clinical research study, our items, and our assistance for pet-related companies. Over the previous 5 years, Purina has actually contributed more than $150 million towards companies that bring, and keep, individuals and animals together, in addition to those that help our neighborhoods and environment flourish.
Purina becomes part of Nestlé, a worldwide leader in Nutrition, Health and Wellness. For more info, see purina.com or subscribe here to get the most recent Purina news.
ABOUT RED COLLAR ANIMAL FOODS
At Red Collar, we are pet individuals with years of experience who think every family pet should have excellent deals with made right here from our factories in the U.S. Established in 2018, we make top quality deals with for nationwide circulation. Learn more at www.redcollarpet.com
ABOUT ARBOR FINANCIAL INVESTMENTS
Founded in 1999 with workplaces in Chicago and New York, Arbor Investments is a specific personal equity company focusing specifically on getting leading business in the food, drink and associated markets. To date, the company has actually obtained or purchased over 80 business in North America.
View initial material to download multimedia: https://www.prnewswire.com/news-releases/purina-announces-planned-acquisition-of-red-collar-pet-foods-treats-factory-in-miami-oklahoma-301741095.html
SOURCE Nestlé Purina PetCare
