Brandtree

Acquisition closed

Mars acquires IAMS and Eukanuba (2014)

Mars completed the acquisition of IAMS and Eukanuba on 1 August 2014 for $2.9 billion.[1]

Mars acquired the IAMS and Eukanuba pet food brands from Procter & Gamble for about $2.9 billion, covering North America and several other markets. Spectrum Brands bought the European rights separately, so the brands have different owners by territory.

Deal facts

Announced
Closed
Value
$2.9 billion (enterprise value)
Buyer
Mars
Seller
Assets
IAMS, Eukanuba
Regulatory review
None recorded

Ownership changes recorded from this deal

OwnerOwnedRelationshipStakeFromTo
MarsIAMSowns100%2014-08-01present
MarsEukanubaowns100%2014-08-01present

Who owns these brands today?

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] Mars completes acquisition of P&G pet care business — Mars, Incorporated, Official press release, published 1 August 2014; retrieved 8 September 2026.

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