Mars Petcare Acquires Champion Petfoods (ORIJEN & ACANA)

November 1, 2022

Mars Petcare (part of Mars, Incorporated) has signed a definitive agreement to acquire Champion Petfoods, the Edmonton-based maker of premium pet food brands ORIJEN and ACANA, from an investor group led by Bedford Capital and the Healthcare of Ontario Pension Plan. The undisclosed-value transaction — which brings Champion's more than 800 employees into the Mars Petcare family — is expected to close in the first half of 2023 and will expand Mars' premium pet nutrition portfolio and global distribution footprint.

Buyers
Mars Petcare (Mars, Incorporated)
Targets
Champion Petfoods
Sellers
Bedford Capital, Healthcare of Ontario Pension Plan (HOOPP)
Industry
Food & Beverage
Location
Alberta, Canada
Transaction Type
Buyout

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