Operator
Good day, and thank you for standing by. Welcome to the Q2 2021 Spectrum Brands Holding, Inc. Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker for today, Kevin Kim. Please go ahead.
Kevin Kim
Vice President of Investor Relations
Great. Thank you, Francis. Welcome to Spectrum Brands Holdings Q2 2021 Earnings Conference Call and Webcast. I m Kevin Kim, Divisional VP of Investor Relations and moderator for today s call. To help you follow our comments, we ve placed a slide presentation on the Event Calendar page in the Investor Relations section of our website at www.spectrumbrands.com. This document will remain there following our call. Starting with slide two of the presentation. Our call will be led by David Maura, Chairman and Chief Executive Officer; Jeremy Smeltser, Chief Financial Officer; and Randy Lewis, Chief Operating Officer. After their opening remarks, we will conduct the Q&A. Turning to slides
MP speaks out over Armitage Pet Care s plans to outsource manufacturing
The leader of Gedling Borough Council has also spoken out about the news
Updated
Armitage pet food suppliers, Colwick
Never miss another Nottinghamshire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later.
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice
By Daniel Selwood2020-12-18T00:01:00+00:00
Source: Unsplash
Petcare’s been rich with investment of late. In April, Nestlé spent an undisclosed sum to buy buoyant Lily’s Kitchen. In September Forthglade was sold for £50m. That was followed in October by Spectrum Brands putting up £140m for Armitage Pet Care, while dry dogfood specialist Skinner’s grabbed a majority stake in wet dogfood producer Naturediet.
Amid the flurry of M&A activity, Aardvark Petcare smashed its launch fundraising target, Edgard & Cooper secured over £16.5m, and Denzel’s netted a six-figure cash injection, following a £20m investment in DTC petfood brand Butternut Box back in February.
By Alec Mattinson2020-12-16T16:20:00+00:00
Pork and meat supplier Cranswick is mulling a move into the fast-growing premium petfood sector with the potential acquisition of Inspired Pet Nutrition.
The Grocer reported in September that private equity group L Catterton had hired mid-cap investment bank Harris Williams to launch a sales process for IPN before the end of the year.
Responding to a Sky News report, Cranswick this morning confirmed it is “currently engaged in a process regarding the potential acquisition of Inspired Pet Nutrition Limited”.
It stated: “In line with the company’s stated long-term growth strategy to expand its product offering through further diversification, Cranswick regularly considers acquisition opportunities.”