i-Tail Completes USD 160 Million Acquisition of Phelps Pet Products to Add US Pet Food Manufacturing
i-Tail Corporation completed its acquisition of Pet Treat Holdings, parent of US contract manufacturer Phelps Pet Products, at a USD 160 million enterprise value. The deal adds air-dried dog treats and two US plants to a Thai group built on wet cat food, and gives i-Tail production inside its largest market.
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