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General Mills Adds Organic Foods With Purchase of Annie’s
date:Sep 09, 2014
General Mills Inc., the maker of Cheerios, Bisquick and Yoplait, is acquiring Berkeley, California-based Annies Inc. for about $820 million, gaining a popular lineup of natural and organic foods.

The deal, slated to close this year, will pair Annies products with General Mills existing organic foods, including the Cascadian Farm and Food Should Taste Good brands. Large packaged-food companies are increasingly looking to natural products to help spur growth in a sluggish industry. Annies is know

07/02 05:25