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General Mills is buying its fifth pet food business. Here’s why it could fetch more growth.
General Mills Inc. has made a name for itself with kitchen-table staples ranging from Honey Nut Cheerios cereal to Betty Crocker cake mix. Now the packaged-food giant is looking to tap into fast U.S.
General Mills Acquires Whitebridge Pet Food for $1.45 Billion
General Mills Inc., known for cereal brands such as Cheerios, made its fifth acquisition in the pet food sector since 2018 by buying the North American unit of Whitebridge Pet Brands in a deal valued at $1.
General Mills to Acquire Cat Feeding, Pet Treating Business for $1.45 Billion
General Mills said it had agreed to acquire a North American cat feeding and pet treating business from European private-equity firm NXMH in a deal worth $1.45 billion.
General Mills to spend $1.4B to buy more pet food brands
General Mills is spending $1.45 billion to add more pet food to its portfolio, the Golden Valley-based company announced Thursday. The maker of Blue Buffalo inked a deal with the Belgian owner of Whitebridge Pet Brands to acquire Tiki Pets,
General Mills buying Whitebridge's North American pet food biz for $1.45B
General Mills agreed to acquire Whitebridge Pet Brands' North American cat food and pet treat business from NXMH for $1.45 billion. Why it matters: Both the cat food and pet treat segments continue to grow,
General Mills buying Whitebridge Tiki Pets, Cloud Star brands
The deal is the fifth major pet-food acquisition for General Mills since it reentered the space in 2018 with its purchase of Blue Buffalo.
1d
on MSN
Nokia acquires Rapid, the API company once valued at $1B
Nokia, once the world's biggest mobile phone company but now mainly a provider of infrastructure and services to telecoms ...
Hosted on MSN
2h
How did The Onion's Infowars acquisition go down and why?
The satirical news company The Onion bought the right-wing media outlet Infowars at a bankruptcy auction. CBS News' Lilia ...
12h
General Mills Dives Deeper Into Pet Market With This $1.45 Billion Acquisition: Details
General Mills to acquire Whitebridge Pet Brands' NA premium cat feeding and pet treating biz from NXMH for $1.45B.
Healthcare Dive
1d
Cardinal Health inks 2 acquisitions worth $3.9B
In September, Cardinal said it would buy cancer care operator Integrated Oncology Network for $1.12 billion, and the ...
Defense One
2h
How the Air Force is revamping acquisition to prepare for a Pacific fight
The military will need to operate thousands of connected systems across vast distances if war breaks out in the Pacific, ...
1d
on MSN
Microsoft’s Gaming Chief Is Still Open to Acquisitions After Activision Deal
Microsoft wants to diversify the teams working on games by looking more to China, he said. The company developed a new mobile ...
12h
HireQuest: Asset-Light Franchising, Strategic Acquisitions, And Profitable Growth
HireQuest stands out in staffing industry because it has a proven asset-light franchise model, aggressive acquisition ...
Business Wire
1d
Frontier Stockholders Approve Acquisition by Verizon
Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that its stockholders approved the acquisition by Ve ...
12h
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
14h
Peakstone Realty Trust: Acquisition Enhances Portfolio Narrative, But Risks Exist
Peakstone Realty Trust (PKST) announced it has acquired the 51-property Industrial Outdoor Storage portfolio. Find out my ...
The Business Journals
3d
SAS targets 'multibillion-dollar market' with acquisition
As it prepares to go public, SAS Institute is again investing in artificial intelligence by building its synthetic data ...
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