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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.
1h
General Mills Dives Deeper Into Pet Market With This $1.45 Billion Acquisition: Details
General Mills, Inc. (NYSE:GIS) disclosed a deal to acquire Whitebridge Pet Brands’ North American premium cat feeding and pet ...
8h
General Mills Advances Accelerate Strategy with Acquisition of Whitebridge Pet Brands’ North American Premium Cat Feeding and Pet Treating Business
MINNEAPOLIS--General Mills, Inc. (NYSE: GIS) today announced it has entered into a definitive agreement to acquire ...
25m
General Mills: Hold Rating Amid Strategic Moves and Market Challenges in Pet Food Sector
TD Cowen analyst Robert Moskow maintained a Hold rating on General Mills (GIS – Research Report) today and set a price target of $75.00.
Hosted on MSN
5h
Are Wall Street Analysts Predicting General Mills Stock Will Climb or Sink?
With a market cap of $36.2 billion, Minneapolis, Minnesota-based
General
Mills
,
Inc
. (GIS) is a global leader in the ...
Food Processing
26m
General Mills Snaps Up Tiki Pets, Cloud Star Pet Businesses in North America
NXMH will sell the Whitebridge Pet Brands’ North American business for $1.45 billion — the fifth pet-related acquisition for ...
7h
General Mills To Buy Whitebridge Pet Brands' North American Business From NXMH In $1.45 Bln Deal
General Mills, Inc. (GIS) announced Thursday it has entered into a definitive agreement to acquire Whitebridge Pet Brands' North ...
bovnews
5h
General Mills Inc (GIS) Stock Price Reaches $65.23: What Factors Are Influencing This Level?
On Wednesday, General Mills Inc (GIS) stock saw a modest uptick, ending the day at $65.23 which represents a slight increase of $0.97 or 1.51% from the prior close of $64.26. The stock opened at ...
8h
Ashton Thomas Securities LLC Takes Position in General Mills, Inc. (NYSE:GIS)
Ashton Thomas Securities LLC purchased a new stake in shares of General Mills, Inc. (NYSE:GIS – Free Report) in the third ...
The Business Journals
1d
2024 CFO of the Year: Kofi Bruce, General Mills Inc.
Kofi Bruce was a 10-year veteran at
General
Mills
Inc
. when he was promoted to chief financial officer in February 2020 ...
MarketWatch
13d
General Mills Inc. stock outperforms competitors despite losses on the day
Shares of
General
Mills
Inc
. GIS sank 0.29% to $68.02 Thursday, on what proved to be an all-around poor trading session ...
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