Articles Tagged with ''General Mills''

Calvin "Snoop Dogg" Broadus, Master P's Broadus Foods, Los Angeles, and Post Consumer Brands, Lakeville, Minn., joined forces to develop Snoop Cereal. Three varieties are scheduled to debut this summer: Fruity Hoopz with Marshmallows, Cinnamon Toasteez, and Frosted Drizzlerz. 

According to research from NYU Stern Center for Sustainable Business and Circana, sustainability-marketed products outperformed conventionally marketed products across 36 categories and grew +0.3 points to 17.3% of purchases. In addition, sustainability marketed products’ five-year compound annual growth rate (CAGR) sits at 9.48%, outpacing its conventional counterpart at 4.98% for the same period. 

Strategic partnerships with American Farmland Trust and Rodale Institute will accelerate regenerative agriculture techniques across key regions in California and the Northern Great Plains.

Per the Innova Database of new products, snack bar new product introductions (cereal and energy bars) grew more than 6% while cold cereal launches expanded by more than 2% during the first 11 months of 2022 versus the same period in 2021. Hot cereal launches declined by around 10% during the same period.

The shelf-stable and portable cereal bars offer a convenient solution for any meal occasion, and are easy to distribute in any feeding model.

As part of its strategy to develop long-term partnerships with key suppliers, the company is working with ICL to leverage technical expertise in support of business growth.

Ready to roll onto bakery shelves after thawing, Pillsbury Cinnamon Rolls provide a low-labor way for retail bakeries to offer cinnamon rolls with homemade taste from the top brand in the category. 

General Mills announced it has completed the acquisition of TNT Crust. TNT Crust is a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust was a portfolio company of Peak Rock Capital.

General Mills announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust is currently a portfolio company of Peak Rock Capital.

The investments are part of General Mills’ commitment to standing for good and promoting racial and gender equity in representation through economic opportunity for minority and female food entrepreneurs.