Set to close in the third quarter of fiscal 2025, the transaction marks the fifth acquisition General Mills has announced or completed in the pet category.
Developments funded by the investment include upgrading existing production lines, revamping facilities for the factory’s 600 workers, and initiatives to improve energy efficiency and to help reduce carbon emissions.
The voluntary recall includes additional pet food products, with Best By Dates before 10/31/24, made at its Mount Pleasant facility, due to the products' potential to be contaminated with Salmonella.
Moves also lead to executive promotions within Mars Petcare and Royal Canin.
June 23, 2022
Mars CEO Grant Reid is retiring after more than eight years in that role for the company, and 34 years in the industry. Poul Weihrauch, global president at Mars Petcare, will succeed Reid as CEO, effective at the end of September.