General Mills is buying its fifth pet-food business. Here’s why it could fetch more growth.
From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, ...
Bloomberg L.P.5d
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 ...
Nasdaq5d
Are Wall Street Analysts Predicting General Mills Stock Will Climb or Sink?
Minnesota-based General Mills, Inc. (GIS) is a global leader in the food industry. The company produces a wide range of branded foods, including cereals, snacks, yogurt, and pet food products ...
General Mills’ Strategic Pet Food Acquisition: Balancing Short-Term Challenges with Medium-Term Growth
Peter Galbo, an analyst from Bank of America Securities, maintained the Hold rating on General Mills (GIS – Research Report). The ...
General Mills to Acquire Whitebridge Pet Brands for $1.45 Billion
Whitebridge, which includes the Tiki Pets and Cloud Star brands, is General Mills' fifth pet brand acquisition, building on ...
Food Dive5d
General Mills to buy Whitebridge’s US pet food business for $1.45B
The cereal giant will acquire the brands from NXMH, which will keep Whitebridge’s European brands. Jon Nudi, the group president of General Mills’ pet division, said the purchase enhances the ...
Reuters5d
General Mills to acquire Whitebridge Pet Brands for $1.45 bln
Nov 14 (Reuters) - General Mills (GIS.N), opens new tab said on Thursday it would buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business in a transaction valued ...
Wall Street Journal5d
General Mills to Acquire Cat Feeding, Pet Treating Business for $1.45 Billion
General Mills GIS-2.32%decrease; red down pointing triangle said it had agreed to acquire a North American cat feeding and pet treating business from European private-equity firm NXMH in a deal ...
Benzinga.com5d
General Mills Dives Deeper Into Pet Market With This $1.45 Billion Acquisition: Details
General Mills is set to acquire Whitebridge Pet Brands' North American cat feeding and pet treat business for $1.45 billion. The acquisition, funded by cash and new debt, includes Tiki Pets and ...
bnnbloomberg5d
General Mills Acquires Whitebridge Pet Food for $1.45 Billion
(Bloomberg) -- 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 ...
Nasdaq4d
How is General Mills Strengthening its Hold on the Pet Food Market?
General Mills, Inc. GIS is bolstering its pet food strategy with the $1.45 billion acquisition of Whitebridge Pet Brands' North American premium Cat feeding and Pet treating business from NXMH.
Reuters4d
General Mills Inc
Cheerios cereal maker General Mills forecast annual profit below estimates on Wednesday and posted a bigger-than-expected drop in quarterly sales hurt by lower demand for its snack bars and pet ...