M&A Deal Summary |
|
|---|---|
| Date | 2000-07-17 |
| Target | Pillsbury |
| Sector | Food |
| Buyer(s) | General Mills |
| Sellers(s) | Diageo |
| Deal Type | Divestiture |
| Deal Value | 10.5B USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 32,500 |
| Revenue | 20.1B USD (2023) |
General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 19 |
| Sector (Food) | 4 of 17 |
| Type (Divestiture) | 1 of 3 |
| State (Minnesota) | 2 of 3 |
| Country (United States) | 5 of 16 |
| Year (2000) | 1 of 1 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-12-16 |
Small Planet Foods
Sedro-Woolley, Washington, United States Small Planet owns the Cascadian Farm brand of organic frozen fruits, vegetables and juices, entrees and pickled foods. It also owns the Muir Glen line of organic canned tomatoes, pasta sauces, salsa and condiments. Small Planet has about 90 employees. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-03-24 |
General Mills - Oat Fiber Manufacturing Facility
Cedar Rapids, Iowa, United States General Mills - Oat Fiber Manufacturing Facility engages in the manufacturing of food processing goods. The company’s products include biscuits, cereals, cinnamon rolls/twirls, cookies, mini pancakes, mixes, muffins, baked bars, scones, snacks, yogurt, baked goods, and flour. |
Sell | - |
Diageo is a global producer of beverages. The Company offers a collection of beverage alcohol brands across spirits, beer and wine. Diageo was founded in 1886 and is based in London, the United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Food) | 1 of 1 |
| Type (Divestiture) | 1 of 4 |
| State (Minnesota) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2000) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-01 |
Burger King
Miami, Florida, United States Burger King is a global chain of hamburger fast food restaurants. Burger King operates in-house restaurants as well as serves as a franchisor to thousands of independent locations around the world. Burger King was established in 1954 and is headquartered in Miami, Florida. |
Sell | $2.3B |
