How is General Mills Strengthening its Hold on the Pet Food Market?

General Mills, Inc. (GIS) is bolstering its pet food strategy with the $1.45 billion acquisition of Whitebridge Pet Brands' North American premium Cat feeding and Pet treating business from NXMH. This strategic move aligns with the company's Accelerate growth strategy, which focuses on expanding its presence in core markets, leveraging global platforms and nurturing local brands to drive sustainable, profitable growth and deliver longterm shareholder value. The acquisition includes two leading brands in the ...