General Mills projects the international unit, its fastest growing division over the last five years, will generate more than $3.7 billion in sales in 2015, up from $2.7 billion in 2010. The company is also “actively working” to find deals to expand overseas, particularly in emerging markets such as Brazil, Russia, India and China.Read more here.
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July 19, 2010
General Mills Seeks Deals to Expand Internationally
As the luck of General Mills (world's six largest food company) would have it, the maker of Lucky Charms cereal and Progresso soup said sales will rise to $18 billion by 2015, driven by international expansion.
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