Colgate-Palmolive Company (NYSE:CL) is broadening its footprint in the pet food industry through the purchase of Care TopCo Pty Ltd, the parent company of Prime100, an Australian fresh pet food brand.
With consumers pulling back their spending on pet food and adoptions slowing, Freshpet (NASDAQ:FRPT) faces challenges on both a category level, as well as a company level, contributing to a 64% ...