General Mills, Inc.

General Mills, Inc.

General Mills, Inc.

Overview
Date Founded

1928

Headquarters

1 General Mills Boulevard,Minneapolis, MN 55426-1347

Type of Company

Public

Employees (Worldwide)

35K

Industries

Food
Tobacco
Wholesale: Consumer Non-Durables/Sundries
Internet Software & Services
Agriculture & Mills

Company Description

General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. It operates through the following segments: North America Retail; Convenience Stores and Foodservice; Europe and Australia; and Asia and Latin America; and Pet. The North America Retail segment reflects business with a variety of grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, and e-commerce grocery providers. The Convenience Stores and Foodservice segment consists of ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, and baking mixes. The Europe and Australia segment refers to the retail and foodservice businesses in the greater Europe and Australian region, which includes yogurt, meal kits, super-premium ice cream, refrigerated and frozen dough products, shelf stable vegetables, grain snacks, and dessert and baking mixes. The Asia and Latin America segment encompasses the retail and foodservice businesses in the greater Asia and South America regions, which consist of premium ice cream and frozen desserts, refrigerated and frozen dough products, dessert and baking mixes, meal kits, salty and grain snacks, wellness beverages, and refrigerated yogurt. The Pet segment represents the pet food products sold primarily in the United States in specialty channels, including national pet superstore chains, regional pet store chains, neighborhood pet stores, and farm and feed stores; e-commerce retailers; military outlets; hardware stores; veterinary clinics and hospitals; and grocery and mass merchandisers. The company was founded by Cadwallader C. Washburn in 1866 and is headquartered in Minneapolis, MN.

Contact Data
Trying to get in touch with decision makers at General Mills, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chief Executive Officer

Chief Financial Officer

Vice President, Chief Investment Officer & Treasurer

General Counsel

General Counsel & Secretary

Global Chief Marketing Officer

Chief Technology & Digital Officer

Chief Revenue Development Officer

Chief Supply Chain Officer & Global Business Solutions Officer

Board of Directors

Chief Executive Officer at General Mills, Inc.

President & Chief Executive Officer at TIAA

Chief Executive Officer & Director at AARP, Inc. (District of Columbia)

President & Chief Executive Officer at Cigna Corp.

President & Chief Executive Officer at The Conference Board, Inc.

Director at Great-West Lifeco Inc.

President & Director at Venezuelan American Chamber of Commerce & Industry

Senior Vice President & Chief Financial Officer at Kimberly-Clark Corp.

President at Millstone Coffee, Inc.

Former Professional at Target Corp.

Paths to General Mills, Inc.
Potential Connections via
Relationship Science
You
General Mills, Inc.
Owners & Shareholders
Details Hidden

CWGI is the investment adviser to the American Funds Group, a family of 30 funds marketed to individuals exclusively through financial advisers and other intermediaries. American Funds are also used as investment vehicles for 401ks, other retirement plans, variable annuities and 529 college savings plans. The funds have the following characteristics: (1) a long-term, value-oriented approach; (2) long-established, global research; (3) a multiple portfolio counselor system that combines teamwork with individual accountability; (4) experienced, long-tenured investment professionals; and (5) a commitment to low operating expenses, among the lowest in the fund industry. CWGI uses a Multiple Portfolio Counselor System wherein the assets of each fund are divided into smaller, more manageable portions. Research analysts typically manage a segment as well, bringing their expertise directly to bear on the fund's results and portfolio counselors are free to make their own decisions. Investment decisions are based on internal research.

Details Hidden

JIM aims to provide long-term capital appreciation for its clients by focusing on equity portfolios that are derived from a select universe of companies that have produced a long-term record of consistently high returns on shareholder equity. The firm's proprietary conservative, growth investment approach employs fundamental, original research to uncover top tier companies available at a significant discount to their intrinsic value. They offer both a quality growth and quality value strategy derived from a singular investable universe of companies—The Jensen Quality Universe.

Details Hidden

TSA specializes in process-driven, systematic investment management, generally by employing quantitative analysis and techniques, including the use of mathematical models that rely on patterns inferred from historical prices and other data in evaluating prospective investments. The firm uses a variety of methods and strategies to make investment decisions and recommendations. TSA primarily combines multiple hedged and leveraged investment strategies with proprietary risk management and execution techniques to make investment decisions for their clients. Investment strategies employed by TSA include, but are not limited to, the following: statistically-based strategies, merger (or risk) arbitrage, closed-end fund/constituent arbitrage, fundamentally-driven strategies, event-driven strategies, spread-based and long/short strategies, volatility arbitrage and trading strategies, structured credit trading strategies, and contributor-based and sentiment-based strategies.

Recent Transactions
Details Hidden

Beyond Meat, Inc. issued USD Common Stock

Details Hidden

Shenzhen Tiantu Investment Management Co., Ltd. purchases Yoplait Dairy Co., Ltd. from General Mills, Inc.

Details Hidden

Molinos Río de la Plata SA purchases La Salteña SA from General Mills, Inc.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Auditor

Advised onGeneral Mills, Inc. issued USD Common Stock

Accountant

Advised onGeneral Mills, Inc. purchases The Pillsbury Co. LLC from Diageo Plc

Legal Advisor

Advised onGeneral Mills, Inc. purchases The Pillsbury Co. LLC from Diageo Plc

Legal Advisor

Advised onGeneral Mills, Inc. purchases Annie's, Inc.

Legal Advisor

Advised onGeneral Mills, Inc. purchases The Pillsbury Co. LLC from Diageo Plc

Underwriter

Advised onGeneral Mills, Inc. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Partner at Dorsey & Whitney LLP

Advisor

Chief Financial Officer, Executive Vice President at General Mills Canada Corp.

Legal Advisor

Partner at DLA Piper

Clients

Seven & i Holdings Co., Ltd. engages in the planning, management, and operation of its group companies. It operates through the following segments: Domestic Convenience Store, Oversea Convenience Store, Superstore Operations, Department Store Operations, Financial Services, Specialty store, and Others. The Domestic Convenience Store segment operates directly managed and franchised stores under the name of 7-Eleven in Japan. The Oversea Convenience Store segment operates directly managed and franchised stores under the name of 7-Eleven in oversea. The Superstore Operations segment manages supermarkets and specialty shops. The Department Store Operations segment includes department store business, which mainly centers on Sogo and Seibu Co., Ltd. The Financial Services segment deals with bank, credit card, lease, and other businesses. The Specialty store segment engages in the retail business that provides distinctive products and services. The Others segment includes information technology business and other services. The company was founded in 1920 and is headquartered in Tokyo, Japan.

In 1969, the Detroit-based J.L. Hudson Company merged with the Dayton Corporation to form the Dayton-Hudson Corporation

JD.com, Inc. is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the following business segments: JD Mall, and New Businesses. The JD Mall segment represents its core e-commerce business. The New Businesses segment includes logistic services provided to third parties, technology services, overseas business, insurance and O2O. It also provides an online marketplace, whereby third-party sellers sell products to customers primarily through its websites and mobile apps. The company offers advertising, logistics and other value-added services. JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.

Key Stats and Financials As of 2020
Market Capitalization
$37.3B
Total Enterprise Value
$51.7B
Earnings Per Share
$3.56
Revenue
$17.6B
Enterprise Value / Sales
2.94x
Enterprise Value EBITDAOperating
13.79x
TEVNet Income
23.72x
Debt TEV
0.27x
EBITDAMargin
21.12%
Total Equity
$8.89B
Total Debt
$13.9B
Net Profit
$2.18B
EBITDA
$3.72B
Three Year Compounded Annual Growth Rate Of Revenue
4.11%
Five Year Compounded Annual Growth Rate Of Revenue
-1.19%
Non-Profit Donations & Grants
Political Donations
$1,000
2014
$1,000
2014
$1,000
2013
Investments
Details Hidden

Arundo Analytics AS provides predictive analytics solutions for industrial companies. The firm offers big data analysis for asset intensive industries such as oil and gas. The company was founded by Tor Jakob Ramsoy and Stuart Morstead in 2015 and is headquartered in Oslo, Norway.

Details Hidden

MarketTools, Inc. provides internet based marketing research services. It specializes in creating online surveys. The company was founded in 1997 and is headquartered in San Francisco, CA.

Details Hidden

Broncus Technologies is a medical technology company focused on developing and commercializing innovative solutions for lung diseases. With LungPoint™, physicians plan bronchoscopic procedures and navigate to locations in the lungs accurately and quickly. Its line of Yield™ catheters are used to obtain tissue samples and detect blood vessels. Its patented treatment method, Airway Bypass using Exhale® Drug-Eluting Stents, is being investigated to determine if it can provide the first minimally-invasive treatment option for homogeneous, or diffuse, emphysema, the form of the disease experienced by the majority of emphysema patients.

Investors
Details Hidden

Founder at Fox Haven

Details Hidden

Chairman & Chief Executive Officer at AquaFiber Technologies Corp.

Suppliers
Bemis Co., Inc. Paper Products

Bemis Co., Inc. engages in the manufacture and sale of packaging for the food, healthcare, and pharmaceutical companies. It operates through the following segments: U.S. Packaging; Latin America Packaging; Rest of the World Packaging; and Corporate. The U.S. Packaging segment manufactures multilayer polymer, blown and cast film structures which are then converted to produce packaging for processed and fresh meat, dairy, liquids, frozen foods, cereals, snacks, cheese, coffee, condiments, candy, pet food, bakery, lawn and garden, tissue, fresh produce, personal care and hygiene, and agribusiness in the United States. The Latin America Packaging segment focuses in the production of multilayer polymer, blown, and cast film structures to produce packaging sold for a variety of food, medical, pharmaceutical, personal care, electronics, and industrial applications in Latin America. The Rest of World Packaging Segment comprises food and non-food packaging-related manufacturing operations located in Europe and Asia-Pacific as well as medical device and pharmaceutical packaging-related manufacturing operations in the U.S., Europe, and Asia. The company was founded by Judson Moss Bemis in 1858 and is headquartered in Neenah, WI.

Silgan Holdings, Inc. Private Equity & Venture Capital | Stamford, Connecticut

Silgan Holdings, Inc. engages in the manufacture and sale of rigid packaging for consumer goods products. It operates through the following business segments: Metal Containers, Closures and Plastic Containers. The Metal Containers segment includes steel and aluminium containers for human and pet food, and general line products. The Closures segment comprises of metal, composite, and plastic closures for food and beverage products. The Plastic Containers segment covers custom designed plastic containers and closures for personal care, food, health care, pharmaceutical, household and industrial chemical, pet care, agricultural, automotive, and marine chemical products. The company was founded by R. Philip Silver and D. Greg Horrigan in 1987 and is headquartered in Stamford, CT.

Graphic Packaging Holding Co. Paper Products | Atlanta, GA

Graphic Packaging Holding Co. provides paper-based packaging solutions for a variety of products to food, beverage and other consumer products companies. It also produces folding cartons, kraft paperboard, coated-recycled boxboard and multi-wall bags. The company operates through the following business segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The Paperboard Mills segment includes the eight North American paperboard mills which produce coated unbleached kraft paperboard and coated-recycled paperboard. The Americas Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets primarily in the Americas. The Europe Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage and consumer product markets in Europe. Graphic Packaging Holding was founded on December 28, 1992 and is headquartered in Atlanta, GA.

Awards & Honors
Rank #161
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #161
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
Rank #91
2014
Forbes - World's 100 Most Innovative Companies
Sponsored by Forbes Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by General Mills, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of General Mills, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and General Mills, Inc..