I like GIS's dividend yield now, but they appear to have frozen it for the next couple years to help fund
the pet food acquisition and deleverage.
Not exact matches
One such story Cramer noticed on Monday was General Mills» $ 8 billion
acquisition of Blue Buffalo
Pet Products, a high - end
pet food brand.
• Smucker's strong brand portfolio across its three operating segments (coffee,
pet foods, and consumer
foods) • Its leading share positions and the resources it deploys to support its brands • The company's strong relationships with retailers, which allow it to gain shelf space for new products and line extensions • Its expansion in the growing
pet sector that came with the Big Heart
acquisition
Following a pattern of growing through
acquisitions, in January 2017 ADM bought Crosswind Industries, a company that specializes in
pet treats,
pet food and related ingredients.
PB: In April, KLN Family Brands was the first
pet food manufacturer to pull its products off of Chewy.com in the wake of the online retailer's
acquisition by PetSmart.
But since its
acquisition by PetSmart in early 2017, Chewy has had several top
pet food brands sever ties with their cyber shelves, most notably Fromm and Champion PetFoods.
Not only is
food a motivating factor when the
pet is hungry, but the
acquisition of
food is an activity that generally requires the expenditure of time and effort, and the use of both mental and physical skills.
This
acquisition enables P&G to touch more dogs and cats through expansion into the natural
pet foods arena with industry leading products and formulas... Natura's founders, John and Ann Rademakers and
Peter Atkins, identified P&G as the right company to grow and nurture the Natura business.
The
acquisition by P&G allows Natura to continue developing new, healthy
pet food solutions so that even more
pets experience the benefits of Natura's high - quality, super-premium brands.»
Other highlights included advising the Hillhouse Capital Group on the
acquisition of
pet food manufacturer Gimborn from Penta Investments and assisting DBAG regarding the
acquisition of a minority shareholding in R&M International.