Page 2 - True Chews News Today

Despite short-term disruptions, the branded food company should remain a long-term winner.

2021 proved to be another challenging year of trading against the backdrop of Covid-19. However, Big Food still made big calls when it came to M&A.

The Therapeutic Dog Food Market Size is driven by increasing adoption of dogs for companionship, growing prevalence of chronic diseases among dogs, and...

/PRNewswire/ -- Pets give so much to the people they love and this Giving Tuesday PetSmart is encouraging pet parents to give to pet families in need with...

Image courtesy of General Mills The deal includes the Nudges, Top Chews and True Chews natural meat pet treats brands and a manufacturing site in Iowa. American food firm General Mills announced it closed its $1.2 billion purchase of Tyson Foods’ pet treats business on Monday, July 5. The transaction includes the Nudges, Top Chews, and True Chews brands of natural meat pet treats, as well as a manufacturing facility in Independence, IA. “This acquisition represents...

Image courtesy of General Mills Acquisition strengthens General Mills’ position in fast-growing US pet food category General Mills has entered into a definitive agreement to acquire Tyson Foods’ pet treats business for $1.2 billion in cash in a transaction that provides an estimated tax benefit of $225 million, equating to an effective purchase price of $975 million.  The business, which includes the Nudges, Top Chews, and True Chews brands, is the leader in natur...

Tyson Foods Selling Independence Plant, Pet Treats Business Get our free mobile app A northeast Iowa manufacturing plant will likely be operating under new ownership by the end of this year. Tyson Foods, Inc. recently announced plans to sell its pet treat production facility in Independence to General Mills, Inc. for approximately $1.2 billion. The sale is expected to be complete by October, pending regulatory approval and other customary closing conditions. Once the transaction is finalized, T...

General Mills adds pet brands MATT OTT | Associated Press General Mills is diving further into the red-hot pet food market, acquiring Tyson Foods animal treat business for $1.2 billion in cash, the companies said Friday. Best known for Cheerios, Betty Crocker and Pillsbury, Minneapolis-based General Mills in 2018 entered the pet food business in a big way, spending $8 billion to acquire Blue Buffalo, a premium brand. Then the pandemic hit, fueling the biggest surge of pet adoptions in recent me...

SILVER SPRING, Md. (AP) — General Mills is diving further into the red-hot pet food...

General Mills to buy pet treats business from Tyson Foods for $1.2 billion The Golden Valley company will add a number of meat treats to its portfolio. Author: General Mills is expanding its pet offering with the planned acquisition of Tyson Foods pet treats business. The Golden Valley-based food giant is acquiring the business that includes Nudges, Top Chews and True Chews brands for $1.2 billion, a news release says. The pet food industry is a $35 billion a year industry, and has seen an inc...