FRANCE: Masterfoods, Royal Canin sell assets to Agrolimen
Mars subsidiary Masterfoods and Royal Canin of France have agreed to sell some of their merged pet food activities to Agrolimen of Spain. The move is intended to remove anti-competition obstacles to their merger. The two companies will divest Royal Canin's exclusive pet food brands and two French production facilities. The disposals represent 150,000 tonnes of pet food volumes, valued at some €230m (US$208.4m) in sales.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast
- Unilever invests in Dutch meat substitute project
- General Mills books lower 9M sales and profits