M&A Deal Summary

General Mills Acquires HD Distributors Co.

On July 27, 2007, General Mills acquired food company HD Distributors Co.

Acquisition Highlights
  • This is General Mills’ 5th transaction in the Food sector.
  • This is General Mills’ 1st transaction in Thailand.

M&A Deal Summary

Date 2007-07-27
Target HD Distributors Co.
Sector Food
Buyer(s) General Mills
Deal Type Add-on Acquisition

Target

HD Distributors Co.

Bangkok, Thailand
HD Distributors (Thailand) Co. Ltd. is a marketer of Häagen-Dazs ice creams and products through cafes, retail and food service channels.

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Buyer(S) 1

Buyer

General Mills

Minneapolis, Minnesota, United States

Category Company
Founded 1866
Sector Food
Employees34,000
Revenue 19.9B USD (2024)
DESCRIPTION
Entrance to General Mills' corporate headquarters in Minneapolis.
Entrance to General Mills' corporate headquarters in Minneapolis.

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 6 of 21
Sector: Food M&A 5 of 19
Type: Add-on Acquisition M&A Deals 5 of 17
Country: Thailand M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-03-21 Lloyd s Barbeque Co.

St. Paul, Minnesota, United States

Lloyd's Barbeque Company, L.L.C. produces barbecue ribs mixed with its barbeque sauce. The company offers pork and beef barbecue ribs; and shredded barbecue chicken, pork, and beef products. The company was founded in 1978 and is based in St. Paul, Minnesota. As of April 4, 2005, Lloyd's Barbeque Company is a subsidiary of Hormel Foods Corp.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-10 Humm Foods d/b/a LÄRABAR

Denver, Colorado, United States

Humm Foods, Inc. manufactures and markets unsweetened fruits, nuts, and spices.

Buy -