Royal Canin
It was founded in 1967 in a village of Gard, France, by the
French veterinary surgeon, Jean Cathary. Its headquarters are now located
in Aimargues,
France. In March 1972, Royal Canin was acquired by Guyomarc'h. In 1990, French
bank, Paribas, bought out the Guyomarc'h Group.
In July 2001, Paribas sold Royal Canin to Mars for more than 1.5
billion euros. Approximately 93% of the purchase price consisted of goodwill
paid. Mars paid 22.3 times its EBITDA (earnings before interest, taxes, and
depreciation). In March 2004, Royal Canin acquired the veterinary grade
manufacturers/service providers, in the U.S. and Canada, the IVD, Medi-Cal and
Techni-Cal brands from Del Monte Foods for $82.5 million.
In each country veterinary delegate teams, which sometimes number over
70 people, are specifically dedicated to professionals. In Europe, Royal Canin
sponsors or is active in 3,500 dog shows and 400 cat shows each year. In
France, for instance, 35 cynotechnicians work with 4,000 dog breeders and 400
clubs. A "Feline Club" is open to more than 2,000 breeders.
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