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General Mills to Acquire Whitebridge Pet Brands North America Business From NXMH for $1.45 Billion
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General Mills to Acquire Whitebridge Pet Brands North America Business From NXMH for $1.45 Billion
Nov 15, 2024 12:46 PM

07:43 AM EST, 11/14/2024 (MT Newswires) -- General Mills ( GIS ) said Thursday it has agreed to acquire Whitebridge Pet Brands' North American cat feeding and pet treating business from NXMH for $1.45 billion.

The business includes the Tiki Pets and Cloud Star brands and generated about $325 million retail sales over the last 12 months.

As part of the transaction, General Mills ( GIS ) will assume operations of two manufacturing facilities in Joplin, Missouri.

Price: 64.72, Change: +0.46, Percent Change: +0.71

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