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Ralston Purina sold Purina Mills, the U.S. animal feed business, to British Petroleum in 1986, while retaining the pet food and international animal feed businesses. In 1993, the Sterling Group of Houston led a leveraged buyout of Purina Mills. In 1998, it was purchased by Koch Industries, but a U.S. bankruptcy court cancelled out all equity ...
Ralston Purina Company was a St. Louis, Missouri,–based American conglomerate with substantial holdings in animal feed, food, pet food, consumer products, and entertainment. On December 12, 2001, it merged with Swiss food-giant Nestlé's Friskies division to form Nestlé Purina PetCare Company .
Kent Feeds was founded by Gage A. Kent in Indianola, Iowa in 1927, where he used a mill to manufacture cattle feed. The company's first product, "Kent Baby Beef," was marketed as a cattle feed with high protein and no filler. A fire destroyed the original mill in Indianola and eventually Kent moved the company to a new plant in Muscatine, Iowa.
The Purina part of the company is now split. The pet-food company sold to Nestlé is now called Nestlé Purina PetCare. The livestock-feed company is called Purina Mills, LLC, and is a unit of Land O'Lakes. Ralcorp manufactures many store-brand foods that are sold in grocery outlets across the United States under the retailers' private labels.
FILE - Eggs are displayed on store shelves at a local grocery store in Chandler, Ariz., Jan. 21, 2023. Amid soaring egg prices, social media users are claiming that common chicken feed products ...
In 2001, it paid $360 million – and assumed $130 million in debt – to take over animal feed producer Purina Mills, once part of Ralston Purina. [10] Purina Mills' new owner planned to merge the company with its Land O'Lakes Farmland Feed division but would keep the Purina name and logo. [11]
Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on costs by closing locations. Here are some of the most notable bankruptcies of 2024 ...
This is a dated list of the brands owned by Nestlé globally. Overall, Nestlé owns over 2000 brands in 186 countries. Overall, Nestlé owns over 2000 brands in 186 countries. [ 1 ] [ 2 ] [ 3 ] Brands in this list are categorized by their targeted markets.