Paidu team news, Mars official website officially announced today that it has signed a definitive agreement to acquire Champion, the world's leading Canadian pet food manufacturer, from an investor group led by Bedford Capital and Healthcare in Ontario. Petfoods champion pet food. As of press time, the relevant transaction terms have not been disclosed. The transaction is subject to regulatory approval and is expected to be completed in the first half of 2023.

Champion Petfoods is a professional pet food manufacturer with more than 35 years of industry experience. Currently, Champion Petfoods products are sold in more than 95 countries around the world, with brands including ORIJEN. Food Cravings and ACANA offer dry pet food, freeze-dried food and snacks. It enjoys a high reputation among pet lovers and pet specialty retailers around the world.

Ikdeep Singh, global president of Mars Petcare, said: "We are delighted to welcome Champion Petfoods and its more than 800 members to the Mars Petcare family. The Champion Petfoods team has been a pioneer in developing natural, high-quality premium pet foods trusted by pet lovers around the world. We believe in the future Together we can better support pet lovers and realize our vision of a better world for pets."

Mars Petcare currently has approximately 50 brands and is staffed by more than 85,000 colleagues. In more than 55 countries. For more than 50 years, Mars Petcare has been advancing pet health research, achieving breakthroughs in areas such as preventive health, and serving pets and pet owners through products and services in health, nutrition, innovation and technology.

In the future, Champion Petfoods and Mars Petcare will work together to provide pet owners with a wider range of choices. The addition of Champion Petfoods complements Mars Petcare’s existing pet food portfolio, adding a well-respected brand in the premium pet food category, further expanding its product matrix in pet specialty and independent retail and digital commerce channels.

Champion Petfoods’ pet food products have world-class production and research systems in both Canada and the United States. Mars Petcare’s important capabilities and experienced partners will support Champion Petfoods’ further business growth, Innovation and success. Combined with Mars Petcare, Champion Petfoods will also be able to take advantage of opportunities to expand its portfolio to meet the changing needs of pet owners.

Blaine McPeak, CEO of Champion Petfoods, said: “We are delighted to join Mars Petcare as one of the world leaders in pet nutrition and services. It is also a great way to recognize all of our team members who make the incredible Global brands ORIJEN and ACANA will simultaneously build Champion Petfoods into an outstanding global pet food company. We look forward to working with Mars Petcare to take Champion Petfoods' business to a new level."