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The company was formed in 2001 by combining Nestlé's Friskies PetCare Company with Ralston Purina, which acquired it for $10.3 billion. As of 2012 [update] , it is the second-largest pet food company globally (the first being Mars Petcare ) and the largest in the United States .
Purina Mills licenses the Purina and Chow brands for the United States and its territories (including Puerto Rico) from the successor of the Ralston Purina Company and owner of the trademarks, Nestlé Purina PetCare. Outside of the U.S., the rights to the Purina and Chow brands for animal feeds are licensed to Cargill [3] [4] by Nestle Purina ...
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company .
Nestlé is launching a new product under its Purina PetCare line, which owns six billionaire brands, including Friskies and Purina One, as the consumer goods company doubles down on its “big ...
Ralston Purina, an American pet food company that was acquired in 2001; Nestlé Purina PetCare, the pet food division of Swiss-based Nestlé S.A., and the acquirer of Ralston Purina Company in 2001 (subsequently merged with Nestlé's Friskies PetCare Company) Purina Mills, a farm animal feed company that was spun off from Ralston Purina Company
Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
In 2001, it paid $360 million – and assumed $130 million in debt – to take over animal feed producer Purina Mills, once part of Ralston Purina. [10] Purina Mills' new owner planned to merge the company with its Land O'Lakes Farmland Feed division but would keep the Purina name and logo. [11]
Friskies PetCare Company was a division of Nestlé founded in 1985 that produced pet food. In 2001, it merged with Ralston Purina and became Nestlé Purina PetCare after Nestlé acquired all the outstanding shares of Ralston Purina.