Company News, Financial News

Going to the Dogs

Spectrum to buy P&G European pet food business.

Author Image

By: TOM BRANNA

Editor

Spectrum Brands Holdings, Inc. will acquire Procter & Gamble’s European pet food business, including Iams and Eukanuba brands for dogs and cats, for an undisclosed amount. The business has approximately $200 million of annual sales and will provide Spectrum Brands’ United Pet Group division access to the $21 billion European dog and cat food market which is growing at an estimated 3 to 5 percent annually.   “This acquisition will expand and further strengthen our United Pet Group’s broad ...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters