Posted: Feb. 19, 2014, 1:20 p.m. EST
Del Monte Foods completed its transformation into a pet-only business today with the announcement that the company has been renamed Big Heart Pet Brands.
The switch came four months after Del Monte reported that it would spin off its consumer products division to Del Monte Pacific Ltd. The $1.675 billion deal involving consumer food brands such as Contadina and Del Monte closed Tuesday.
The transaction established Big Heart Pet Brands as North America’s largest standalone pet food and treats company. The manufacturer of Milk-Bone dog treats, Meow Mix cat food and Gravy Train dog food is the U.S. leader in dog snacks, No. 2 in cat food and No. 3 in dry dog food.
Big Heart Pet Brands is Del Monte Food’s new name.
"Big Heart Pet Brands will be singularly focused on capturing growth opportunities in the expanding $21 billion pet products category,” said Dave West, the company’s president and CEO. "We are uniquely positioned with a powerful and broad pet portfolio, strong position in key pet food categories, robust business fundamentals and a commitment to creating a better future for pets by nurturing the bond between pets and the people who love them.”
The company will keep its San Francisco headquarters as well as offices in Pittsburgh and Burbank, Calif. No changes are planned at Big Heart’s manufacturing facilities or distribution centers.
Under Del Monte, the company extended its reach into the natural and premium pet food sector in mid-2013 with the purchase of Natural Balance
Among Big Heart’s other brands are Alley Cat, Kibbles ‘n Bits, 9Lives, Pup-Peroni
, Nature’s Recipe, Meaty Bone and Milo’s Kitchen.
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