Blue Buffalo is a family company of pet food makers founded initially by Bill Bishop and his sons Billy and Chris in 2002 to honor their deceased family dog who died from malnutrition and cancer. Being successful business entrepreneurs the Bishop family sort to make their kind of dog food that they would personally feed their furry family members. They made it their motto to bring transparency to the pet food industry not withholding any ingredient used in the making of their products.
Following its IPO in 2015, Blue Buffalo now holds about 6 percent of the United States pet food market, selling both dog and cat food in the wholesome Natural market segment. The company’s sales remain tremendouslydomestic, with only 4 percent of its products being exported(To Canada and a lesser fraction to Mexico and Japan). In 2016, Blue Buffalo revenues scaled 12 percent over the prior years, climbing nearly $1.2billion. Blue Buffalo trades under the same name of its holding company, Blue Buffalo Pet Products, Inc.
Blue Buffalo in November 2016, Blue Buffalo settled a lawsuit with Nestle Purina for $32million. Blue Buffalo also filed a suit against its insurers in an attempt to recover litigation fees and settlement payout.