Headlines Report: Nestlé Might Buy Pet Food Company in $2B Deal Published 2 years ago on July 5, 2018 By PETS+ Staff Share Tweet The firm makes the Orijen and Acana brands. Nestlé is considering a $2 billion purchase of Champion Petfoods, the Wall Street Journal reports. In the potential deal, Nestlé would take on a majority share in the Canada-based company, according to the newspaper, which cited “people familiar with the matter.” Champion, which makes dog food and cat food, responded to the report in a Facebook post. “While we have certainly seen the speculation in media reports about Champion Petfoods’ future, we hope you can appreciate that it is our policy to never comment on rumours or speculation in the market,” the company stated. “Rumours about Champion being sold have been circulating over the past few years and will continue for as long we deliver on our promise to make the world’s best pet food under our ACANA and ORIJEN brands.” Advertisement The post continued: “Champion Petfoods continues to be privately held with investment from our Canadian partner, Bedford Capital, and our vision remains—build trust with Pet Lovers everywhere.” Read more at the Wall Street Journal Related Topics:acquisitioncat fooddog foodNestle click to Comment(Comment) Advertisement You may like Hemp Technology Acquires True Leaf Pet Because Cats Deserve Poke Bowls, Too — Plus 7 More Interesting Wet Foods Manna Pro Products Acquires Doggie Dailies Promoted Headlines Category Spotlight: Terry Naturally® Animal Health Category Spotlight: eTailPet Are You Ready For Adventures Beyond The Backyard? Tall Tails Advertisement Latest Trending Videos Photo Gallery7 hours ago Get Inspired by These Chew Displays at Indie Pet Stores Press Releases22 hours ago Lightspeed Unlocks New Revenue Stream for North American Retailers with the Launch of Subscriptions Press Releases22 hours ago Zesty Paws Names New CFO True Tales5 days ago Employees: Leave Your Pot at Home to Keep Your Job Columns1 week ago How Beer Helped Me Promote My Pet Business Columns1 week ago 3 Things Customers Want and Need from Pet Businesses Trace's Store School2 days ago Video: Trace’s Store School Covers Lessons Learned from COVID-19 America's Coolest2 weeks ago Video: Take a Tour of Bark Life in Seminole, FL Trace's Store School3 weeks ago Video: Learn How to Do Holiday on a Budget at Trace’s Store School Advertisement SubscribeBULLETINS Get the most important newsand business ideas from PETS+. Advertisement Most Popular True Tales5 days ago Employees: Leave Your Pot at Home to Keep Your Job Columns1 week ago How Beer Helped Me Promote My Pet Business Columns1 week ago 3 Things Customers Want and Need from Pet Businesses Headlines1 week ago Yelp to Flag Businesses Accused of Racism With ‘Consumer Alerts’ Photo Gallery5 days ago 19 Photos That Show Why Dexter’s Deli Is One of America’s Coolest Pet Stores Photo Gallery4 days ago New Edibles for Cats, Vegan Bars for Dogs and Toys for the Holidays [GALLERY] Columns4 days ago 4 Tips for Negotiating the Best Lease for Your Pet Business Real Deal1 week ago How Do You Handle Know-It-All Customers in Your Store?