Brief Company History
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.
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