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General Mills (GIS) to acquire TNT Crust by first-quarter fiscal 2023. The move fortifies the company's position in the fast-growing away-from-home frozen baked goods category.
On May 12, 2022, General Mills announced that it was acquiring TNT Crust, a supplier of frozen pizza crusts, from Peak Rock Capital. [45] On May 25, 2022, General Mills announced that it was selling its Hamburger Helper and Suddenly Salad businesses to Eagle Family Foods Group for $610 million. The sale was completed on July 5, 2022.
In 2011, Consumer Reports rated Totino's as "only fair for nutrition" because of "high total fat and trans fat and low fiber." [ 12 ] [ 13 ] By at least October 2013, packaging on Totino's brand pizza now indicates 0 trans fat per serving.
On August 9, 2018, Tyson announced that it would sell its pizza crust business, including TNT Crust, to Austin-based Peak Rock Capital, who completed the acquisition on September 4. [ 36 ] [ 37 ] On August 20, 2018, Tyson announced its intent to acquire food supplier Keystone Foods from Marfrig . [ 38 ]
TNT Crust had net sales totaling approximately $100 million in 2021. General Mills. General Mills Inc (NYSE: GIS) has entered into a definitive agreement to acquire TNT Crust, a manufacturer of ...
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Paulucci stated, "pizza rolls are nothing but egg rolls with pizza crust and filling." [6] For the commercial production, Paulucci used a co-extrusion process developed by Demaco using a Demaco extruder. [citation needed] Jeno's began using the Pizza Rolls trademark in 1967. [11] In 1985, Paulucci sold Jeno's to Pillsbury, which owned Totino's ...
General Mills (GIS) concludes the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group. This highlights the company's focus on the Accelerate strategy.