# Colgate-Palmolive to buy three pet food plants from Red Collar Pet Foods for $700M

Colgate-Palmolive agreed to purchase three dry pet food manufacturing plants in the U.S. from Red Collar Pet Foods for $700 million to support its Hill's Pet Nutrition business. The plants are in South Carolina, Oklahoma, and Ohio.

- Type: Acquisition
- Announced: 2022-08-01
- Where: Orangeburg, South Carolina; Clinton, Oklahoma; Washington Court House, Ohio, United States
- Value: $700.0M
- Jobs: 350
- Status: announced
- Products: dry pet food
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Colgate-Palmolive Company](https://endata.com/companies/64471.md) (acquirer)
- [Red Collar Pet Foods](https://endata.com/companies/64472.md) (target)
- [Hill's Pet Nutrition](https://endata.com/companies/64473.md) (partner)

## Sources

- [stocks.observer-reporter.com](http://stocks.observer-reporter.com/observerreporter/article/bizwire-2022-8-1-colgate-palmolive-company-invests-in-growth-of-its-hills-pet-nutrition-business-with-agreement-to-buy-three-manufacturing-plants-from-red-collar-pet-foods), 2022-08-01: "This investment will help further strengthen the Hill's business today and for the long term."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.