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Tag: mills

General Mills to acquire Annie's

2014-09-10 01:06:00| Food Processing

$820 million acquisition will expand General Mills fast-growing natural and organic foods business.

Tags: general acquire mills annies

General Mills acquires Annies for $820m

2014-09-10 01:00:00| Food Processing Technology

US-based General Mills will acquire Annies, a producer of branded organic and natural food products, for an estimated $820m.

Tags: general mills acquires annies

General Mills Buying Mac And Cheese Maker Annie's

2014-09-09 00:54:34| Food - Topix.net

Packaged food giant General Mills is buying Annie's, the maker of rabbit-shaped mac and cheese, adding to its natural and organic packaged offerings as consumers' tastes change. General Mills Inc., the company behind Pillsbury dough, Progresso soups, Yoplait yogurts and Cinnamon Toast Crunch cereal, is trying to cut cost and has tweaked its recipes as sales stagnate.

Tags: general mac buying maker

Annie's agrees to sell itself to General Mills for $820 million

2014-09-09 00:54:33| Food - Topix.net

Annie's, a maker of natural and organic foods that went public in 2012, said Monday it has agreed to sell itself to General Mills in a deal valued at $820 million that shows the health food phenomenon remains robust. General Mills agreed to pay $46 a share for Annie's, which staged an initial public offering in March 2012 that priced the company's shares at $19 each and raised $95 million.

Tags: general sell million mills

General Mills will pay $820M for Annie's Homegrown organic foods

2014-09-09 00:54:32| Food - Topix.net

General Mills is buying Annie's Homegrown, one of the largest and longest-standing organic and natural brands in the U.S. General Mills will buy Annie's for $46 a share, the Golden Valley-based food manufacturer said after markets closed Monday. Annie's stock ended the day at $33.51, but was near $46 in after-hours trading.

Tags: general pay organic foods

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