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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 .
Ralston Purina also for many years produced the familiar line of Chex and Cookie Crisp cold breakfast cereals. The animal and human food businesses were seemingly only tenuously related. In 1994, the human food business was spun off to Ralcorp Holdings, operating as Ralston Foods, which then sold its branded breakfast cereal lineup to General ...
This was the same year, 1902 when Ralston Purina built its first building at the current headquarters, 800 Chouteau Ave, St. Louis, Missouri. [3] Nestlé Purina PetCare was formed in December 2001, [4] when Nestlé acquired Ralston Purina for $10.3 billion and merged it with Nestlé's pet food business, Friskies PetCare Company. [4]
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Later, in 1902, he merged with university professor Webster Edgerly, founder of Ralstonism, who was at the time producing breakfast cereals, to form the "Ralston Purina Company". [1] 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 ...
After the transfer, the division was named Eveready Battery Company, Inc., becoming a wholly owned subsidiary of Ralston Purina. [21] By the end of 1987, Eveready held 58-60% percent market share, but that number had fallen to 40-45% by 1989 thanks to competition from Duracell.
The business evolved to making food products 15 years later. In 1997, DuPont purchased PTI from Ralston Purina and in 2003 DuPont and Bunge announced the formation of Solae. [ 3 ] In 2007, Solae announced a collaboration with Monsanto Company to develop products containing omega-3 fatty acids . [ 4 ]
William Patrick "Pat" McGinnis (born November 29, 1947) [1] is the former CEO of Nestlé Purina PetCare Company (formerly Ralston Purina Company), serving in that position from 2001 to 2015; [2] and non-executive chairman of the board from January 2015 to January 2017.