Minneapolis — In its largest investment to date, 301 Inc., the venture business of General Mills, has become the lead investor in a $12 million round raised by Boulder, CO-based GoodBelly Probiotics. As outlined in the Star Tribune, 301 will help GoodBelly grow its national sales and innovation efforts. General Mills...
Minneapolis, MN and Wilton, CT — General Mills will buy Blue Buffalo Pet Products for $8 billion, it says, marking the first time the owner of Annie's and Cheerios has ventured into pet food since the 1960s. This transaction will establish General Mills as the leader in the U.S. Wholesome Natural...
Golden Valley, MN — John Foraker, a leader of organic food brand Annie’s for the past 17 years, is stepping down from the company General Mills purchased in 2014 to get back to his entrepreneurial roots at a Bay Area startup he says will disrupt the organic foods industry. The Star...
Minneapolis, MN—General Mills announced last week that it entered into a strategic sourcing partnership with Organic Valley, the largest U.S. organic cooperative. This partnership will help 20 dairy farms add 3,000 acres to organic dairy production over the next three years, building upon General Mills’ commitment to double its organic...
