Colgate-Palmolive Acquires Three Dry Pet Food Plants from Red Collar Pet Foods
August 1, 2022
Colgate-Palmolive Company will purchase three dry pet food manufacturing plants in Orangeburg, South Carolina; Clinton, Oklahoma; and Washington Court House, Ohio from Red Collar Pet Foods for $700 million, integrating them into its Hill's Pet Nutrition supply network. Approximately 350 employees involved in the dry pet food operations will transfer to Colgate; the deal supports Hill's production capacity and is subject to regulatory and other closing conditions.
- Buyers
- Colgate-Palmolive Company
- Targets
- Red Collar Pet Foods (three dry pet food manufacturing plants in Orangeburg, SC; Clinton, OK; Washington Court House, OH)
- Sellers
- Red Collar Pet Foods
- Industry
- Food & Beverage
- Location
- Tennessee, United States
- Transaction Type
- Divestiture
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