General Mills' venture arm makes first-ever overseas investment in UK potted pudding producer
General Mills' venture arm makes first-ever overseas investment in UK potted pudding producer 301 Inc is leading a multistage multibillion pound investment into Pots & Co to grow its footprint in the US market. The investment of up to £15m is 301 Inc's first overseas investment and its first in a UK company and will help the London-based producer expand its product range and distribution in the US. “Our mission is to discover new and emerging food brands with a remarkable offering,” said John Haugen, founder and MD of 301 Inc. “Pots & Co fulfils that miss...
Source: bakeryandsnacks.com