Who Owns Freshpet?
Freshpet is a leading brand of fresh, refrigerated pet food. The company was founded in 2006 by Richard Thompson and Beth Thompson. In 2015, Freshpet was acquired by J.M. Smucker Company for $3.2 billion. J.M. Smucker Company is a leading manufacturer of pet food, coffee, and peanut butter. The company is headquartered in Orrville, Ohio.
The History of Freshpet
Freshpet was founded in 2006 by Richard Thompson and Beth Thompson. The Thompsons were inspired to start the company after their dog, Bailey, was diagnosed with cancer. The Thompsons began making their own fresh pet food, and Bailey's health improved dramatically. The Thompsons decided to share their fresh pet food with other pet owners, and Freshpet was born.
In 2011, Freshpet expanded its operations to include a manufacturing facility in Bethlehem, Pennsylvania. The company's products are now available in more than 20,000 retail stores across the United States, Canada, and Europe.
The Acquisition of Freshpet
In 2015, J.M. Smucker Company acquired Freshpet for $3.2 billion. The acquisition was a major coup for J.M. Smucker Company, which was looking to expand its pet food portfolio. Freshpet is a leading brand in the fresh pet food category, and the acquisition gave J.M. Smucker Company a strong foothold in this growing market.
J.M. Smucker Company has continued to invest in Freshpet since the acquisition. The company has expanded the company's manufacturing capacity and its distribution network. J.M. Smucker Company has also launched new products under the Freshpet brand, including a line of fresh cat food.
The Future of Freshpet
Freshpet is a growing company with a bright future. The company is a leader in the fresh pet food category, and it is backed by a strong parent company in J.M. Smucker Company. Freshpet is expected to continue to grow in the coming years as more pet owners become aware of the benefits of feeding their pets fresh food.
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