Pets impact how we shape communitiesNovember 20, 2019Not only are animals a large part of our lives, but pet ownership has a significant impact on how we build our communities.
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Mars Petcare introduces new division focusing on collaborationApril 9, 2019Mars Petcare has announced the launch of Kinship, a collaboration platform for start-ups, veterinarians, and industry collaborators that provides them access to data, science, and industry expertise. "We're excited about our new global division, Kinship, becoming a unique collaboration platform for entrepreneurs and innovators to create new products and services delivering on our purpose: a better world for pets," says Mars Petcare president, Poul Weihrauch. "There are extraordinary opportunities in data, science, and connected technology. Match them with the expansive reach, resources, and core capabilities of a global industry leader like Mars, and together we can create a powerful force for transforming pet care." The initiative will focus on three main areas: • Health care: Kinship will look for new ways to provide pet owners with care options that are more accessible, effective, and personalized to fit the needs of their pets. • Nutrition: By working together with its partners, Kinship will find new ways to support pet health through nutrition. • Science: Kinship will work with experts to uncover ways to help change pet care through science by applying new discoveries from microbiome biology to machine learning. "Our ambition for Kinship is to bring together the brightest minds …
Mars Inc. completes VCA Inc. acquisitionSeptember 12, 2017What started in January is a done deal, as Mars Inc. has announced that its acquisition of VCA Inc. is now complete. VCA will operate as a distinct and separate business within Mars Petcare, alongside Banfield Pet Hospital, BluePearl Veterinary Partners, and Pet Partners. Bob Antin, co-founder and CEO of VCA animal hospitals, will remain at the helm at its Los Angeles headquarters. "I welcome the 25,000-plus VCA team members to the Mars Petcare family of companies," said Poul Weihrauch, president of Mars Global Petcare. "VCA's partnerships with veterinarians and pet care providers, as well as their breadth and expertise in veterinary services, diagnostics and technology, will position all of us to deliver more comprehensive care and continue on our journey supporting our purpose: a better world for pets." Mars, which reports approximately $35 billion in sales per year and operates in more than 80 countries, produces Pedigree, Royal Canin, and Whiskas pet food brands, in addition to owning Banfield, BluePearl, and Pet Partners. VCA delivers pet health care services through more than 800 small animal veterinary hospitals in the U.S. and Canada; Antech Diagnostics, a nationwide clinical laboratory system that services all 50 states and Canada; animal diagnostic …
FTC orders Mars to divest 12 vet clinics before VCA buySeptember 4, 2017To avoid violating antitrust laws, Mars Inc., under a mandate from the Federal Trade Commission, will divest 12 veterinary clinics across the U.S. that provide specialty and emergency services no later than 10 business days after the company's $9.1 billion acquisition of VCA Inc. According to the FTC, Mars is required to divest each of the 12 clincis to one of three divestiture buyers: National Veterinary Associates, Pathway Partners Vet Management Co., and PetVet Care Centers. If the acquisition takes place as proposed, it may lessen competition for certain specialty and emergency veterinary services in 10 U.S. areas by eliminating direct competition between Mars specialists in the area and those of VCA, according to the FTC's complaint. Commission documents also claim that without a remedy, the acquisition would likely lead to higher prices for pet owners and lower quality in the specialty and emergency veterinary services they receive. One clinic in the Kansas City, New York, and Phoenix areas will be divested to National Veterinary Associates; one clinic in Chicago, Corpus Christi and San Antonio; and two clinics in Seattle will be divested to Pathway. Two clinics in the Portland area …
Mars to buy VCA clinics, labs in $9.1 billion dealJanuary 9, 2017Mars Inc. has agreed to acquire VCA Inc., which operates one of North America’s largest veterinary hospital chains, in a transaction valued at $9.1 billion, the companies announced today.
