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P&G sells Iams, Eukanuba, Natura for $2.9B
In its largest divestiture in five years, Procter & Gamble is selling most of its Iams, Eukanuba and Natura pet food brands to Mars Inc. for $2.9 billion in cash.
To Slim Down, Procter & Gamble Sells Most of Its Pet Food Brands to Mars  New York Times
Mars buys P&G's IAMS, Eukanuba, Natura brands  CNBC.com
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P&G Seen Enticing Del Monte Foods to Iams Deal: Real M&A
Even so, Del Monte Foods' focus on pet care just as P&G's Lafley is seeking ways to boost the company's share price could make it a match for Iams, according to Matt McCormick, a fund manager at Cincinnati-based Bahl & Gaynor Inc. �There's particular ...
Procter & Gamble Co. (PG) earnings due Friday, speculating rising on ...  WCPO
P&G Seen Enticing Del Monte Foods to Iams Deal: Real M&A � The  Jutia Group
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Ex-Iams exec takes corporate know-how to pet food startup
He's taking all sorts of industry knowledge connections and experience into a company that customizes food for individual dogs and cats.
Iams Names DDB New York Agency of Record
Mars Incorporated has named DDB New York agency of record for Iams and Eukanuba pet food brands. The decision comes just four months after the company agreed to acquire Procter & Gamble's pet care brands in a $2.9 billion deal. The incumbent ...
Iams, Eukanuba dog and cat food recalled for potential salmonella contamination
Iams, founded in Dayton in 1946, remained a Dayton-area-based pet-food company until 1999, when then-owner Clay Mathile sold the business to P&G for $2.3 billion. The Eukanuba line of pet food was launched by Iams and was part of the sale.
Iams Recall 2013: Eukanuba Dry Cat, Dog Food Recalled By Procter & ...  International Business Times
Iams issues recall for Iams, Eukanuba dry dog food and dry cat food  The Denver Channel
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Spectrum Brands acquires Iams, Eukanuba pet food brands in Europe
"We are adding complementary brands in an adjacent category to expand our global pet business." The European Iams and Eukanuba brands has about $200 million in annual sales, the Associated Press reported. P&G said that exiting the pet care business ...
P&G's (PG) to Sell IAMS, EUKANUBA Brands in Europe  StreetInsider.com (subscription)
Spectrum Brands Holdings to Acquire Procter & Gamble's European Pet ...  Business Wire (press release)
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Procter & Gamble to sell pet food business for $2.9B
Mars will buy the Iams, Eukanuba and Natura brands for $2.9 billion in cash, pending regulatory approval. The deal is expected to close in the second half of 2014.
Mathile 'disappointed' by Iams relocation
�I was disappointed to learn that Dayton will no longer be home to the company that was founded by animal nutritionist Paul Iams more than 60 years ago,� Mathile said in a statement. �However, I am pleased to hear that none of the employees at the Poe ...
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Could P&G Sell off Iams and Eukanuba Pet Foods Next?
Iams and Eukanuba together contribute a mere $1.6 billion to P&G's total sales that exceed $80 billion and account for under 3% of our price estimate so are clearly not a large focus for the company. Branded pet foods also face stiff competition from ...
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Eukanuba and Iams pet food recall caused by equipment failure, no reported ...
Iams and Eukanuba dry cat and dog food that may have been tainted with salmonella was caused by an equipment failure at one Procter & Gamble plant in North Carolina.