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In 2004, Nestlé Purina merged its North American and Latin America operations into a Nestlé Purina PetCare Americas division. [13] Nestlé Purina Petcare grew from about 11 percent of Nestlé's revenues in 2001, to one-third by 2005. [14] By 2006, it was the largest market-share holder in the pet food industry with 32 per cent of the market. [15]
Friskies is an American brand of wet and dry cat food and treats owned by Nestlé Purina PetCare Company, a subsidiary of Nestlé global. [1] Friskies was initially introduced by Carnation Company in the 1930s as a dog food brand. When Friskies cat food was introduced in the 1950s, it was the first dry pet food product specifically for cats.
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Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange. In 2008 Nestlé sold 24.8% of existing Alcon shares to the Swiss pharmaceutical giant Novartis. In 2010 Nestlé sold the remaining 52% of its Alcon shares to Novartis. Novartis paid a total of 39.1 bn USD.
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. [1]
Friskies PetCare Company was a division of Nestlé founded in 1985 that produced pet food. In 2001, it merged with Ralston Purina and became Nestlé Purina PetCare after Nestlé acquired all the outstanding shares of Ralston Purina. Brands. Fancy Feast – gourmet cat food (introduced 1985)
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.
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