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Nestle S.A. S/ADR (NSRGY) is a multinational food and beverage company based in Switzerland. They focus on nutrition, health, and wellness, offering a wide range of products globally. With popular brands like Purina, Nestle has a strong presence in pet care, creating innovative solutions for pets and their owners. The company is committed to quality, nutrition, and supporting pet-related organizations to foster responsible pet care.
Petfinder and Purina are celebrating National Pet Wellness Month with a significant donation to Greater Good Charities. The contribution includes over 330,000 EverRoot dog supplements, valued at more than $1.9M, aimed at supporting the health of shelter dogs in the Seattle area. These supplements, developed by PhD animal nutritionists, cover various health aspects including hips and joints, skin and coat, calming, and digestion support.
In addition to the supplements, Petfinder is donating $25,000 to Greater Good Charities to support their work in providing food and supplies for pets nationwide. This partnership demonstrates Purina's commitment to pet health and adoption efforts. Petfinder, a searchable database of adoptable pets, connects with over 11,000 shelters and rescue groups across North America.
The donation will significantly impact the well-being of shelter dogs awaiting adoption and those settling into new homes. This initiative aligns with Purina's ongoing efforts to create richer lives for pets and the people who love them.
Nestlé Purina PetCare announced its intent to acquire the Red Collar Pet Foods factory in Miami, Oklahoma, aiming to enhance its in-house production capabilities for dog and cat treats. The transaction, expected to close in March, will mark Purina's 22nd operational facility in North America. The acquisition comes amid Purina's significant growth phase, with over $2 billion allocated for factory expansions and new constructions by 2025, projected to create 850 jobs. The Miami facility will support ongoing developments in treat innovation and production, reflecting both companies' commitment to quality and safety.
Valor Equity Partners successfully completed its oversubscribed fundraising for
On January 25, 2022, Purina announced the winners of the 2022 Pet Care Innovation Prize, recognizing five startups revolutionizing the $109 billion pet care industry. The winners include Bright Planet Pet, FluentPet, Paway, QSM Diagnostics, and uPetsia. Each company will receive $10,000, mentorship, and participate in an accelerator boot camp. The prize showcases innovation despite pandemic challenges, emphasizing Purina's commitment to supporting emerging pet care businesses.
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