Add-on Acquisition • Food

Nestlé Acquires Nestlé Purina PetCare Co.

On January 16, 2001, Nestlé acquired food company Nestlé Purina PetCare Co. for 10.3B USD

Acquisition Context
  • This is Nestlé’s 1st transaction in the Food sector.
  • This is Nestlé’s 2nd largest (disclosed) transaction.
  • This is Nestlé’s 2nd transaction in the United States.
  • This is Nestlé’s 1st transaction in Missouri.

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M&A Deal Summary

Date January 16, 2001
Target Nestlé Purina PetCare Co.
Sector Food
Buyer(s) Nestlé
Deal Type Add-on Acquisition
Deal Value 10.3B USD

Target Company

Nestlé Purina PetCare Co.

St. Louis, Missouri, United States
Nestlé Purina's corporate headquarters in St. Louis, Missouri.
Nestlé Purina's corporate headquarters in St. Louis, Missouri.
Nestlé Purina Petcare is a producer of pet food, treats and litter. Brands include Purina Pro Plan, Purina Dog Chow, Friskies, Beneful and Purina ONE.
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Buyer Overview 1

Buyer

Nestlé

Vevey, Switzerland

Category Company
Founded 1866
Sector Food
Employees251,786
Revenue 91.7B CHF (2024)
DESCRIPTION

Nestlé is a large food, beverage, and consumer products company. The Company has more than 2000 brands in its portfolio and operates globally. Nestlé was established in 1866 and is based in Vevey, Switzerland.


Deal Context for Buyer #
Overall 3 of 22
Sector: Food 1 of 10
Type: Add-on Acquisition 3 of 15
State: Missouri 1 of 1
Country: United States 2 of 14
Year: 2001 1 of 1
Size (of disclosed) 2 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-08 Findus

London, United Kingdom

Findus is a frozen food group and one of Europe’s overall food manufacturers. Through its Young's and Findus brands, category leaders within the Nordic region, and France, the Group's portfolio of brands is unmatched in its strength and awareness with consumers in its core markets. Findus was founded in 1945 and is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-25 Alcon

Fort Worth, Texas, United States

Alcon, Inc. is an eye care company that researches, develops, manufactures and markets pharmaceuticals, surgical equipment and devices, contacts lens solutions and other vision care products that treat diseases, disorders and other conditions of the eye. Alcon is located in Fort Worth, Texas and was formed in 1945.

Sell -