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General Mills to acquire pet snack business from Tyson Foods for $1 2 billion

General Mills to acquire pet snack business from Tyson Foods for $1.2 billion The Minnesota food maker expands its presence in the fast-growing pet food aisle. May 14, 2021 8:48am Text size Copy shortlink: General Mills said Friday it s buying a line of pet treats from Tyson Foods for $1.2 billion. The portfolio includes brands like Nudges, Top Chews and True Chews. It s the latest pet food acquisition for the Golden Valley-based food maker, which re-entered the market for the first time in 50 years in 2018 when it purchased Blue Buffalo Pet Products Co. for $8 billion. Since then, the pet segment has been a reliable growth business for General Mills compared to some of its more staid packaged food categories.

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General Mills to buy pet treats business from Tyson Foods for $1 2 billion

General Mills to buy pet treats business from Tyson Foods for $1.2 billion The Golden Valley company will add a number of meat treats to its portfolio. Author: General Mills is expanding its pet offering with the planned acquisition of Tyson Foods pet treats business. The Golden Valley-based food giant is acquiring the business that includes Nudges, Top Chews and True Chews brands for $1.2 billion, a news release says. The pet food industry is a $35 billion a year industry, and has seen an increase thanks to pet ownership growing during the COVID-19 pandemic, Tyson noted in a news release. “Pet food is a high-growth category, fueled by the humanization of pets, a trend that has only increased during the pandemic,” Bethany Quam, General Mills Group President, Pet segment, said in a statement.

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General Mills aims new yogurt at people packing in the protein

General Mills aims new yogurt at people packing in the protein Called Ratio Protein, the new yogurt uses ultrafiltered milk to cut sugar and raise protein. April 27, 2021 9:00am Text size Copy shortlink: Just when it seemed the yogurt aisle had something for everyone, General Mills found a slice of customers still hunting for the perfect creamy snack. The Golden Valley-based food maker announced Tuesday the launch of a yogurt that will pack more protein per cup than any other on the market. It s the latest in a series of yogurt launches at General Mills targeting consumers with very specific dietary or taste preferences, reflecting splintering consumer expectations within this diverse grocery-store category.

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Golden Valley startup selling fishing tackle, gear hooks $2 1M in investments

Golden Valley startup selling fishing tackle, gear hooks $2 1M in investments
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Golden Valley startup selling fishing tackle, gear hooks $2 1M in investments

Golden Valley startup selling fishing tackle, gear hooks $2 1M in investments
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