The No. 48 consumer goods company is spinning off its North American cereal and plant-based foods businesses to result in three independent public companies.
General Mills is selling its Helper main meals and Suddenly Salad side dishes businesses to Eagle Foods as it continues to narrow its focus in the U.S.
General Mills is beefing up its away-from-home portfolio with the acquisition of TNT Crust, a manufacturer of frozen pizza crusts for retailers, foodservice distributors, and restaurants.
Food manufacturer B&G Foods aims to beef up its supply chain capabilities and offset inflation woes through the acquisition of Growers Express’ frozen vegetable manufacturing operations.