General Mills scraps G-Works innovation unit, pauses VC arm 301 Inc.
US food major General Mills has confirmed it is scrapping its G-Works innovation platform. And no more investments will be…
General Mills
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
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The dairy companies also present in dairy alternatives
In the same way that large a number of the world's largest meat groups do business in the meat-alternatives sector,…
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General Mills lowers profit forecast, blames economy
General Mills has revised its adjusted operating profit forecast for fiscal year 2025 amid an “uncertain macro-economic backdrop for consumers”…
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Nestlé cereal JV explores options for France factory
Cereal Partners Worldwide, Nestlé's global cereal venture with General Mills, is conducting an “industrial review” of a facility in France.…
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General Mills to expand US facility, adding jobs and taco line
General Mills is expanding its Hannibal, Missouri facility, adding an Old El Paso hard-shell taco production line and creating more…
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Whitebridge deal sees General Mills pounce for growth in cat food
“We’ll continue to look for options to strengthen our growth profile through M&A,” General Mills CEO Jeff Harmening told analysts…
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General Mills to buy Whitebridge’s North American pet business for $1.45bn
General Mills has agreed to acquire Whitebridge Pet Brands’ North American cat-food and pet-treats business for $1.45bn. The US food…
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General Mills, Ahold Delhaize seek emission cuts with regenerative agriculture project
General Mills has joined forces with the US arm of Dutch-Belgian supermarket heavyweight Ahold Delhaize to cut emissions through a…
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General Mills loads up to $2bn for bolt-on acquisition target
US group General Mills is eyeing a sizeable acquisition as it prepares to leave the yogurt category. Chairman and CEO…