Nestle Invested in RUIPENG for the Chinese Pet Market

At the end of 2022, Nestle announced a strategic investment in RUIPENG Pet Healthcare Group to collaborate within the Chinese pet market. As the head pet healthcare group in China, RUIPENG owns a wide range of pet expert resources and a complete medical service ecosystem. Meanwhile, Nestle Purina PetCare Company, with 128 years of history, aims to provide life-cycle healthcare, nutrition, and health solutions for tens of millions of pets in China. Since entering the Chinese market, Purina has developed a product layout that promotes both local and international advantages. Moreover, Purina has invested nearly RMB 1 billion yuan (USD $150 million) in the expansion of its Tianjin pet food factory. (Source: 36kr)

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