Posts tagged "Pillsbury"

Big Food drops legacy brands to make way for new products

[16 October/Food Dive] According to Bloomberg, healthier consumer eating habits and increasing millennial and Gen Z influence was pushing food makers to alter their portfolios and consider disbanding their slower-growing and less popular brands. Companies such as Smucker, General Mills, Conagra, and Mondelez are examining their product portfolios and looking at how they could provide...

JM Smucker to buy Ainsworth Pet Nutrition for $1.7 billion, and may sell Pillsbury

[4 April/CNBC] J.M. Smucker will acquire pet food and pet snacks maker Ainsworth Pet Nutrition for around $1.7 billion. This will strengthen its pet food portfolio in the fast growing pet food market. They also planned to explore options for its U.S. baking business which includes Pillsbury and Martha White. The baking business was expected...