UPDATE: A spokesperson for Mars Petcare US says its main office will remain in Nashville. "Upon closure of the transaction, we will seek to understand further the acquired brands, technology and markets. No changes are occurring at this time."
Mars Petcare, which runs its U.S. business from Williamson County, has signed a $2.9 billion agreement with Procter & Gamble to buy the majority of the latter's global pet foods division.
The two companies plan to complete their deal later this year. Mars Petcare employs more than 2,400 people in the United States, where it runs 15 manufacturing facilities, and a total of more than 35,000 people in 50 countries. Buying most of P&G pet foods business — the companies' agreement excludes many European Union countries — will add P&G's Iams, Eukanuba and Natura brands to a Mars lineup that includes Pedigree, Whiskas and Royal Canin.
"This acquisition is a perfect fit with our Mars Petcare vision," said Todd Lachman, Mars Petcare's global president. "The deal reinforces our leadership in pet nutrition and veterinary science, attracts world class talent and grows our world leading portfolio."
It's not yet clear how Mar