Image courtesy of General Mills
The deal includes the Nudges, Top Chews and True Chews natural meat pet treats brands and a manufacturing site in Iowa.
American food firm General Mills announced it closed its $1.2 billion purchase of Tyson Foods’ pet treats business on Monday, July 5. The transaction includes the Nudges, Top Chews, and True Chews brands of natural meat pet treats, as well as a manufacturing facility in Independence, IA.
“This acquisition represents an important step as we reshape our portfolio for growth, in line with our Accelerate strategy,” the chairman and chief executive officer of General Mills, Jeff Harmening, said in a release. “This business is a wonderful complement to our BLUE pet food portfolio, and we see a long runway of strong, profitable growth ahead for our combined pet food businesses.”