A Joplin-based pet product company is acquired by a new company based right across state lines in Miami.
Hampshire Pet Products is joining Red Collar Pet Foods, a manufacturer of pet food and treats. Officials with Arbor Investments, which own Red Collar, say this will make it one of the largest companies of its kind in North America. They also say the two companies have complementary manufacturing capabilities, cultures, and track records with customers.
CEO of Hampshire Products, Julie Larson, says: “By joining Red Collar, we now have an opportunity to accelerate growth further with the combined scale of our businesses.” And that they are “committed to ensuring a seamless transition to Red Collar in the coming months.”
The financial terms of the agreement were not disclosed.