Feb 27, 2014
General Mills to sell Idaho grain elevator network
MINNEAPOLIS - General Mills today announced it has signed an agreement to sell its grain elevator network in Idaho to Agspring, a private equity group based in Kansas City. The terms of the deal were not disclosed. The transaction is expected to be completed before the end of the fiscal year, ending May 25, 2014.
About General Mills
General Mills is one of the world’s leading food companies, operating in more than 100 countries around the world. Its brands include Cheerios, Fiber One, Häagen-Dazs, Nature Valley, Yoplait, Betty Crocker, Pillsbury, Green Giant, Old El Paso, Wanchai Ferry, Yoki, and more. Headquartered in Minneapolis, Minn., USA, General Mills had fiscal 2013 worldwide sales of US $17.8 billion.