Doane Pet Care to be bought for $ 840 million

American company Doane Pet Care Co said it had agreed to be bought by a private investment unit of the Ontario Teachers' Pension Plan for $ 840 million in cash. Doane Pet Care is the U.S.'s largest maker of private label pet food. It is a young company formed in 1998 through the merger of Joplin, Missouri-based Doane Products Company and Brentwood, Tennessee-based Windy Hill Pet Food. Doane will continue to operate from its Brentwood, Tenessee, USA headquarters.