General Mills to acquire Annie's

General Mills has entered into a definitive agreement to acquire Annie’s, a natural and organic food producer with net sales of $204 million in its latest fiscal quarter.

The brand’s pasta, snacks, meal kits, dressing, condiments and frozen foods — many of which are geared toward kids — will join General Mills’ U.S. natural and organic product portfolio whose net sales totaled approximately $330 million in its latest fiscal year. The portfolio includes the Cascadian Farm, Muir Gle

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