Did Rachael Ray Sell Her Dog Food Company? Here’s Why

If you’ve been wondering, did Rachael Ray sell her dog food company? — The answer is yes. In April 2023, Rachael Ray’s Nutrish dog food brand was sold as part of a major acquisition when Post Holdings, Inc. purchased several pet food brands from The J.M. Smucker Company for about $1.2 billion.

Although Post Holdings now owns the Nutrish brand, Rachael Ray still plays an important role through The Rachael Ray Foundation™, which continues to receive funding from Nutrish’s revenue and supports animal welfare causes.

Post Holdings to Acquire Rachael Ray® Nutrish®, Nature’s Recipe®, and Other Select Pet Food Brands from The J.M. Smucker Co.

• Strong Position in an Attractive and Growing Pet Food Category
• Establishes Pet Food Retail Platform with Leading Dog and Cat Food Brands
• Immediately Accretive to Post’s Cash Flow, Excluding One-Time Transaction Costs

1. LOUIS, Feb. 08, 2023 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE: POST) (“Post”), a consumer packaged goods company, announced that it has signed a definitive agreement under which Post will acquire select pet food brands from The J.M. Smucker Co. for $1.2 billion.

The transaction includes leading dog and cat food brands such as Rachael Ray® Nutrish®, Kibbles ’n Bits®, 9Lives®, Gravy Train®, and Nature’s Recipe® (collectively, the “Pet Food Brands”), which generated net sales of approximately $1.4 billion for the fiscal year ended April 30.

The acquisition provides Post with a strong entry point into the attractive and growing pet food category. Post expects to leverage its established scale and operational expertise to drive growth across the mainstream and entry-premium subcategories. Management also anticipates additional investment opportunities in the pet food space in the future of Rachael Ray Nutrish.

“We expect this acquisition to continue our history of creating value through a buy-and-build approach to categories. These iconic brands are an ideal fit for that strategy. Most importantly, I am excited to welcome more than 1,000 talented individuals who will join us as Post associates,” said Rob Vitale, President and Chief Executive Officer of Post Holdings, Inc.

Upon closing of the acquisition, Post expects to establish a new pet food platform within Nicolas Catoggio (CEO, Post Consumer Brands)

will continue in his current role as Chief Executive Officer and President of Post Consumer Brands and will expand his responsibilities to include oversight of the North American Ready-to-Eat (“RTE”) cereal business, the new pet food business, and the peanut butter business.

The transaction is expected to close early in the second calendar quarter of 2023.

J.M. Smucker Co. Completes Sale of Multiple Pet Food Brands to Post Holdings, Inc.

ORRVILLE, Ohio, April 28, 2023 /PRNewswire/ — The J.M. Smucker Co. (NYSE: SJM) today announced the completion of its transaction to sell several pet food brands — including 9Lives®, Rachael Ray® Nutrish®, Kibbles ’n Bits®, and Gravy Train® — along with its private label pet food business, to Post Holdings, Inc.

The transaction is valued at approximately $1.2 billion, consisting of $700 million in cash (subject to working capital adjustments) and approximately 5.39 million shares of Post Holdings, Inc. common stock.

[Did Rachael Ray Sell Her Dog Food Company?] On February 8, 2023, the Company announced the signing of a definitive agreement for the transaction. The agreement includes the acquisition of the Company’s manufacturing and distribution facilities in Bloomsburg and Lancaster, Pennsylvania, as well as its manufacturing facilities in Meadville and Lawrence, Kansas manufacturing facility Pennsylvania. In addition, a group of employees will transition to Post Holdings, Inc. to support the business.

“With the closing of this transaction, we are excited to advance our pet strategy, which focuses on growing our cat food and dog snack brands, including Meow Mix® and Milk-Bone®,” said Mark Smucker, Chairman, President, and Chief Executive Officer. “We are confident in the potential of these businesses and well-positioned to deliver continued growth.”

“Furthermore, I would like to express my sincere appreciation on behalf of our entire organization to the employees who have transitioned to Post. Their hard work, dedication to serving our customers, and passion for these brands have played a significant role in the growth of our pet business.”

The split is expected to be dilutive to adjusted earnings by approximately $0.45 per share on a full-year basis, reflecting the pre-tax profit associated with the divested brands and any benefit prior to the use of transaction proceeds and stranded overhead costs. The Company expects to offset the impact of the divested earnings over time through share repurchases, debt repayments, and animal welfare initiatives within its Transformation Office.

The Company will provide further details on the financial impact of the transaction on its fiscal 2024 outlook when it reports fiscal 2023 fourth-quarter results in June.

About The J.M. Smucker Co.

At The J.M. Smucker Co., we are proud to be a leader in the coffee, dog snacks, consumer foods, and cat food categories, offering a diverse portfolio of trusted brands available across North America. Our iconic brands include Café Bustelo®, Dunkin’®, Jif®, Smucker’s®, Uncrustables®, Folgers®, Milk-Bone®, and Meow Mix®.

Through our unwavering commitment to creating superior products, operating responsibly and ethically, and fulfilling our purpose, we continue to grow our positive impact on both our business and society. To learn more, visit jmsmucker.com.

Trademark Notice

The J.M. Smucker Co. owns all trademarks referenced herein, except for Rachael Ray®, a registered trademark of Ray Marks II LLC, which is used under license, and Dunkin’®, a trademark of DD IP Holder LLC. The Dunkin’® brand is licensed to The J.M. Smucker Co. for packaged coffee products sold through retail channels, including grocery stores, club stores, mass merchandisers, drug stores, and e-commerce.

This information does not pertain to products sold in Dunkin’® restaurants.

Rachel Ray’s Dog Food brand, Nutrish, sued over containing glyphosate (lawn chemicals), Pet food Contamination claims…

Reddit User Reactions to the Rachael Ray Nutrish Sale and Rebranding

• “While Rachael Ray’s name is still associated with the Nutrish pet food brand, it’s important to note that the brand itself has been rebranded as ‘Nutrish.’ Furthermore, some specific food products, like the Savory Chicken Dry Dog Food, have been discontinued.”
• “Rachael Ray sold the company to Post two years ago, so now they’re changing the brand — and I seriously hope they don’t mess with the recipe.”
• “The brand is now owned by Post (yes, the cereal guys). They’re changing the entire formula — adding rice, reducing some nutrients, and shrinking the package size. The info is on nutrish.com.”
• “Where I think it’s going is everywhere. I switched my cat from dry to wet food, and about a week later, I found out my store was discontinuing it too. That’s unfortunate, but I feel your pain.”
• “It’s not being discontinued. It’s just going through a slight Rachael Ray brand legacy change to ‘Nutrish’ and new packaging.”
• “It’s not just a slight rebranding. There have been press releases that make it clear they’ve changed their formulas.”
• “I just found out from my local PetSmart. The brand itself hasn’t been discontinued, but PetSmart isn’t carrying it for cats anymore. The cashier mentioned Simply Nourish, Nulo, and Purina instead.”
• “Rachael didn’t own the brand — she just had her name on it. Look at that!”
• “The Smucker’s — the jelly people — used to own it! LOL.”
• “She sold $2 billion worth of Nutrish.”
• “My cat was obsessed with this for over eight years. When we moved, I couldn’t find it (plus the price was going up), so I switched it. Now she’s finished it — her coat is shiny and smooth, and she’s lost weight. But the company was sold, and this food isn’t comparable to their freshest or best formula.”
• “Rachael Ray’s picture was moved to the back of the bag. Next step — gone for good? Bye, Rachael.”
• “I only saw ‘Nutrish’ on the new bag. I guess that’s all there is to it because my pets still love this kibble so much.”
• “I got a new bag yesterday, and they’re not eating it much. I actually have two bowls — one with the old Rachael Ray Nutrish and one with the new Nutrish — and the cats keep going for the old one.”
• “I’ve already noticed a difference. When you read the label, both bags look the same and list ingredients in the same order. However, according to the nutrition facts, the new bag has lower Omega-3 fatty acids.”
• “The change just hit my grocery store — or maybe soon. I’ll just buy the big bags like I always do. But I will say this: my dog has been eating it for a month, and he doesn’t want to touch it anymore. He’s also gained a lot of weight from this rebranded food.”
• “The new branding looks like an off-brand design job — it’s bland and sterile.”
• “I noticed the new formula versions of the cat food at my local Walmart, but only in smaller bags — as of June 1, 2025.”
• “They changed the recipes with the rebranding. I’ve always used the Turkey, Salmon & Chickpea Cat Food, but now I can only find it with rice instead of chickpeas. I tried it — my cats can’t stand it.”
• “All I know is that I switched to clean dog food eight years ago. It took a lot of effort to find, and I’ve literally been feeding my dog the same thing ever since. It makes me wonder if they’re slowly changing the formula to make it cheaper.”

Post Enters Pet Food Category with $1.2B Deal with J.M. Smucker

Dive Brief:

Post Holdings is acquiring Rachael Ray® Nutrish®, Kibbles ’n Bits®, 9Lives®, and other pet food brands from The J.M. Smucker Co. for a $1.2 billion pet food deal, the company said in a statement.

Smucker noted in its release announcing the transaction that the pet food brands are expected to generate approximately $1.5 billion in net sales for the fiscal year ending April 30, 2023. The deal is expected to close in the early second quarter of 2023.

Pet food has become a popular sector for acquisitions in recent years, as CPG sector growth companies view it as a fast-growing category. Consumers are increasingly willing to spend more on their dogs and cats—especially for natural and premium offerings.

Dive Insight

Rob Vitale (CEO, Post Holdings) has not been shy about making acquisitions. During his eight-year tenure, the company has snapped up Almark Foods (maker of hard-boiled and deviled egg products), Bob Evans Farms’ packaged foods business, and Peter Pan peanut butter, among others. However, its previous deals have largely focused on traditional food categories.

The move into pet food not only places Post in a fast-growing industry, but also allows the St. Louis–based company to capitalize on synergies between human and pet food. Both categories rely on many of the same natural dog food ingredients, giving Post additional buying power and logistical advantages.

The company will also benefit from shared distribution channels—for example, trucks delivering Honey Bunches of Oats cereals can now also carry Peter Pan, Malt-O-Meal, Rachael Ray® Nutrish®, and Kibbles ’n Bits® products.

“We hope this division will continue our history of creating value with a buy-and-build approach to categories,” Vitale said in a statement. “These iconic brands are an ideal fit for this strategy.”

Mark Smucker (CEO, The J.M. Smucker Co.) added that the sale aligns with Smucker’s long-term focus.

“The strategic allocation of resources across the portfolio is a key driver of our long-term growth,” Smucker said. “As a result of implementing this proven strategy, we have been able to streamline our business, improve our margin mix, and continue to drive shareholder value.”

Although Post is a public company, it often operates like a private equity firm, focusing on growth, cash flow, and “portfolio optimization” rather than simply expanding scale. In essence, Post seeks businesses that complement its existing portfolio and leverage its expertise in long-term brand building—making its entry into pet food a natural fit.

After the transaction closes, Post plans to create a new Post Consumer Brands pet food platform, the division that manages many of its top retail offerings. The company also expects future investment opportunities within the pet food category. Approximately 1,000 employees will join Post once the deal is completed.

As part of the acquisition, Post is acquiring manufacturing and distribution facilities in Meadville, Pennsylvania, a manufacturing facility as well as the Bloomsburg, Pennsylvania, and Lawrence, Kansas.

According to Statista, the U.S. pet food sector is projected to reach $57.63 billion in revenue in 2025, up from $22.37 billion in 2014. The market is expected to register a compound annual growth rate (CAGR) of 8.8% through 2027.

In a CPG sector growth landscape where annual growth typically hovers in the low single digits, pet food has proven to be a standout category for large players. Post will now compete more directly with industry giants such as Nestlé Purina (maker of Purina and Fancy Feast), and General Mills, which entered the space with its $8 billion acquisition of Blue Buffalo (General Mills) in 2018.

Other major players, including Mars Petcare and Colgate-Palmolive (owner of Hill’s Pet Nutrition), have also invested heavily in the category.

Post said it will pay $700 million in cash and issue approximately $500 million in stock to Smucker, giving Smucker a continuing stake in Post’s growth, much of which will now come from pet food. Smucker originally entered the pet food business in 2018 through its $1.9 billion acquisition of Ainsworth Pet Nutrition, which derived about two-thirds of its sales from Rachael Ray® Nutrish®.

Smucker’s decision to divest these brands reflects a broader trend in the food and beverage industry, where companies such as Coca-Cola, PepsiCo, Nestlé Purina, and Unilever have executed multibillion-dollar divestitures to refocus resources on high-growth and core product segments.

Smucker Acquires Rachael Ray’s Dog Food Brand, Considers Selling Pillsbury

The maker of Smucker’s jam is expanding into pet food while simultaneously looking to divest some of its high-end human food brands.

[Did Rachael Sell Her Dog Food Nutrish?] J.M. Smucker Co., which also owns Folgers coffee and other well-known products, has reached an agreement to acquire Ainsworth Pet Nutrition — the company behind celebrity chef Rachael Ray’s Nutrish-branded dog food. At the same time, Smucker announced plans to sell its $370 million U.S. baking business, which includes the Pillsbury, Hungry Jack, and Martha White brands.

The $1.9 billion acquisition reflects the growing appeal of the premium pet food segment for major food manufacturers. Big food companies are diversifying their portfolios and moving away from traditional packaged and processed foods as consumers increasingly choose products perceived as natural and wholesome.

Earlier, General Mills, the maker of Yoplait yogurt and Cheerios cereal, acquired Blue Buffalo Pet Products for about $8 billion — signaling a strong shift toward the sustainable pet nutrition category.

For both General Mills and Smucker, premium pet food represents a promising growth avenue.“Healthy” and “natural” options now account for around 10% of the pet food market forecast for 2027 and continue to gain share.

Through this deal, J.M. Smucker will acquire Meadville, Pennsylvania-based Ainsworth Pet Nutrition, the manufacturer of Rachael Ray Nutrish. Nutrish’s premium dry dog food will join Smucker’s existing pet food lineup, which already includes brands like Nature’s Recipe.

“Ainsworth Pet Nutrition is an excellent strategic fit for our company, as the Rachael Ray Nutrish brand adds another high-growth, on-trend brand to our pet food portfolio,” said Mark Smucker, CEO of J.M. Smucker Co. “Nutrish is now one of the most recognized pet food brands in the United States.”

Smucker expects the acquisition to add approximately $800 million in annual sales and deliver $55 million in annual cost savings within three years.

As the company integrates Ainsworth, it continues to explore the sale of its U.S. baking division. While the Pillsbury and other baking brands remain strong, Smucker plans to concentrate on its core growth areas: coffee, pet food, and snacks.

Supporting the Rachael Ray Foundation® with Nutrish™

In 2008, celebrity chef Rachael Ray, in partnership with Ainsworth Pet Nutrition, launched the Nutrish™ pet food brand—driven by her commitment to making high-quality nutrition accessible to everyone. Inspired by recipes she created for her own pets, Rachael used real, wholesome ingredients to craft complete and balanced meals for dogs and cats. From the beginning, her mission went beyond nutrition: to give back to animals in need.

In 2016, this mission took formal shape with the creation of the Rachael Ray Foundation®, dedicated to funding essential food programs and support services for both pets and people.

About the Rachael Ray Foundation®

Since its inception, a portion of the proceeds from Nutrish food sales has been directed toward helping both animals and humans in need. The Rachael Ray Foundation® was officially founded with a mission to improve the lives of shelter animals and help children and families build healthy relationships with food and compassion.

To date, the foundation has donated over $100 million to various causes. While animal welfare remains a top priority, the foundation also supports human-focused initiatives, partnering with leading nonprofits across the country. These efforts include SPCA programs, veterinary technician training, and community initiatives addressing food insecurity.

A Shared Vision with Post

[Did Rachael Sell Her Dog Food Nutrish?] Since welcoming the Nutrish™ brand to the Post Consumer Brands portfolio in April 2023, its purpose has strongly aligned with Post’s mission to improve lives by making delicious, high-quality food accessible to all. Both Post and the Rachael Ray Foundation donations share a deep passion for animal welfare and community care.

Trace Quigley, Senior Marketing Director – Nutrish at Post Consumer Brands, serves as the company’s representative on the Rachael Ray Foundation Board of Directors.

“We are incredibly proud to support the work of the Rachael Ray Foundation through our Nutrish brand,” said Trace Quigley. “The foundation’s dedication to animal welfare is inspiring, and we’re honored to contribute to its ongoing efforts. Together, we’re ensuring that every bag helps animals in need.”

In 2024, Post Consumer Brands’ pet platform contributed more than $14 million to the Rachael Ray Foundation to further its mission. Nutrish continues to focus on innovation and impact—through new product formulations, updated packaging designs, and veterinary-evaluated recipes that reflect the brand’s commitment to quality and compassion.

“With our goal of introducing Nutrish to as many pets as possible, we expect growing sales to provide even more resources for the foundation to continue expanding its reach,” added Quigley.

Beyond financial contributions, Nutrish directly supports feeding programs at several animal shelters across the U.S., including the North Shore Animal League of America (NSALA), helping to nourish thousands of pets each year.

Through this ongoing partnership between the Rachael Ray Foundation® and Post Consumer Brands’ pet platform, we’re proud to play a part in improving the lives of animals in need—one meal, one act of care, and one bag at a time.

Conclusion: Did Rachael Ray Sell Her Dog Food Company

In conclusion, Rachael Ray has sold her dog food company. In April 2023, Rachael Ray’s Nutrish dog food brand was sold as part of a larger acquisition in which Post Holdings, Inc. purchased several pet food brands from The J.M. Smucker Co. for approximately $1.2 billion.

1. LOUIS, Feb. 8, 2023 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE: POST), a leading consumer packaged goods company, announced that it had signed a definitive agreement to acquire select pet food brands from The J.M. Smucker Co. for $1.2 billion.

If you’d like more information about the Rachael Ray Nutrish acquisition, feel free to contact us or leave a comment below.

Frequently Asked Questions(FAQs)?

Q1.What Happened to Rachael Ray’s Dog Food?

Ans. Rachael Ray Nutrish dog food hasn’t disappeared. The brand was acquired by Post Holdings in 2023 and has since been rebranded as “Nutrish.” The new version features updated packaging and refined formulas designed to meet modern pet health needs.

According to Nutrish Pet Food, the change reflects a continued commitment to providing trusted, nutritious meals for pets—while still supporting charitable initiatives through The Rachael Ray Foundation®.

Q2.How Much Did Rachael Ray Sell Her Dog Food Company For?

Ans. Post Holdings purchased Rachael Ray Nutrish, Kibbles ’n Bits, 9Lives, and other pet food brands from J.M. Smucker Co. in a $1.2 billion pet food deal, according to an official company statement.

Q3.Does Chewy Sell Rachael Ray Dog Food?

Ans. Yes, Chewy still sells a variety of Rachael Ray Nutrish dog and cat food products with free shipping options available.

Q4.Is Rachael Ray Nutrish Dog Food Good or Bad?

Ans. Nutritionally, Nutrish dog food is generally considered a healthy mid-range option, offering balanced nutrition made with real ingredients and no artificial preservatives.

While most pet owners report positive results, some have noted mild digestive sensitivities in certain dogs. Overall, Nutrish remains a solid choice for pet owners seeking quality nutrition at a reasonable price.

What Is Rachael Ray’s Net Worth Today?

Ans.