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Iams

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Iams
Product typePet food
Owner
CountryUnited States
Introduced1946; 78 years ago (1946)
MarketsWorldwide
Websitewww.iams.com

Iams (/ˈəmz/) is an American brand of dog food and cat food manufactured by Spectrum Brands in Europe and Mars, Incorporated worldwide excluding Europe. The food is formulated for the puppy/kitten, adult and mature stages of life. Veterinary formulas for pets with special dietary requirements are also produced.[1]

According to Iams, since 2006, studies have been conducted in pet owners' homes, P&G Pet Care's Pet Health & Nutrition Center and locations where dogs and cats are already living such as assistance dog organizations.[2][3]

History

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During the 1940s, because pet food was not available in stores, animals were predominantly fed homemade food, usually table scraps.[4] Paul Iams, an animal nutritionist who graduated from the Ohio State University in 1937, founded the Iams Company in 1946 in a small feed mill near Dayton, Ohio.[5] In 1950, he developed the world's first animal-based protein dry dog food and called it Iams 999.[1][6] In 1969, Paul Iams wanted to differentiate the new formula from other Iams products. Iams chose to name this new formula "Eukanuba", a term originated by jazz era personality Hoagy Carmichael, meaning "the tops" or "something supreme".[dubiousdiscuss]

In 1973 during the Arab oil embargo, the costs for meat and bone meal tripled. Sale prices in the U.S. were frozen by a nationwide wage and price control was issued by ex-president Richard Nixon.[7] Iams did not change the product formula during the price-freeze mandate and the company nearly went bankrupt.[4] Clay Mathile, who had joined Iams in 1970, purchased half of the company in 1975.[8] By 1982, he became its sole owner and president.[9] After expanding the company from $100,000 revenue in 1970 to $900 million in 1999, Mathile sold it to [Proctor & Gamble] in September 1999.[5][10]

In its largest divestiture in five years, Procter & Gamble announced in April 2014 that it would sell Iams worldwide, Eukanuba and Natura pet-food brands in all markets except Europe to for Mars, Inc. $2.9 billion in cash. Mars said that the deal would allow it to gain a new business and generate cash to grow core businesses.[11] The deal for P&G Pet Care's operations in North America and Latin America was completed in August 2014. P&G also exercised options to acquire Mars's pet-food business in some parts of Asia Pacific, Middle East and Africa, including Australia, Japan and Singapore.[12][13] Procter & Gamble sold its European pet-care business to Spectrum Brands in December 2014.[14]

References

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  1. ^ a b "History". Juggle". Archived from the original on 2011-01-11. Retrieved 2011-05-06.
  2. ^ "The Iams Company Animal Study Policy". Archived from the original on 11 July 2010.
  3. ^ Holden, John (6 July 2007). "Research and Development Changes Keep Welfare Top of Agenda". Archived from the original on 10 July 2010.
  4. ^ a b "Iams History". Coupon for Dog[permanent dead link]
  5. ^ a b Bayot, Jennifer (2004-11-03). "Paul F. Iams, 89, Developer of a Line of Premium Pet Foods, Dies". The New York Times. ISSN 0362-4331. Retrieved 2020-06-10.
  6. ^ "Iams Cat Food Coupons Jun 2020". Pet Food Talk. Retrieved 2020-06-10.
  7. ^ "The History of Iams". Retrieved 2020-06-10.
  8. ^ "History of Iams Company – FundingUniverse". Funding Universe. Retrieved 2020-06-10.
  9. ^ Dirr, Jacob (2 June 2008). "Former Iams owner Clay Mathile says loyalty can be nemesis". Cincinnati Business Courier. Retrieved 2020-06-10.
  10. ^ "sold to P&G ". All Voices". Archived from the original on 2012-10-04. Retrieved 2011-05-06.
  11. ^ Wahba, Phil (April 9, 2014). "P&G selling pet food brands to Mars for $2.9 billion". Reuters. Retrieved March 5, 2016.
  12. ^ "Mars buys Iams, others for $2.9B". The Enquirer. Retrieved 2020-06-10.
  13. ^ "Mars Closes Acquisition Of P&G's Pet Food Business In Major Markets". RTTNews. Retrieved 2020-06-10.
  14. ^ "Spectrum Brands Completes Acquisition of the European IAMS and Eukanuba Pet Food Business". Business Wire. December 31, 2014. Retrieved March 4, 2016.
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