About General Mills
General Mills is a company based in Minneapolis (United States) founded in 1866.. The company has 33,000 employees as of May 31, 2024. General Mills has completed 11 acquisitions, including Blue Buffalo, EPIC Provisions and Edgard & Cooper. General Mills offers products and services including Cheerios, Blue Buffalo, Betty Crocker, Pillsbury, and Old El Paso. General Mills operates in a competitive market with competitors including Danone, Kraft Heinz Company, NotCo, Conagra Brands and Michael Foods, among others.
- Headquarter Minneapolis, United States
- Employees 33000 as on 31 May, 2024
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name General Mills, Inc.
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Annual Revenue
$19.49 B-1.87as on May 31, 2024
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Net Profit
$2.28 B-8.49as on May 31, 2024
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EBITDA
$3.84 B-8.85as on May 31, 2024
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Latest Funding Round
$343.01 K (USD), Grant
Sep 25, 2009
- Investors
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Employee Count
33000
as on May 31, 2024
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Investments & Acquisitions
Blue Buffalo
& 10 more
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IPO & Listings of General Mills
General Mills is a publicly listed company on the NYSE with ticker symbol GIS in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of General Mills
General Mills offers a comprehensive portfolio of products and services, including Cheerios, Blue Buffalo, Betty Crocker, Pillsbury, and Old El Paso. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cereal product for daily breakfast consumption.
Pet nutrition brand for animal health needs.
Mixes and ingredients for home baking.
Ready-to-bake dough and pastry products.
Spices and kits for Mexican-style meals.
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Software Development Team
229 people
Leadership Team
63 people
Senior Team
48 people
Human Resources and Administration
46 people
Product Management Team
40 people
Finance and Accounting
39 people
Data Analysis and Operations Team
38 people
Sr. Team
27 people
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Funding Insights of General Mills
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $343,013
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First Round
First Round
(25 Sep 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2009 | Amount | Grant - General Mills | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in General Mills
General Mills has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include FEMA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Federal emergency management and disaster response are coordinated nationwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by General Mills
General Mills has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Blue Buffalo, EPIC Provisions and Edgard & Cooper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Pet care products for dogs and cats are provided.
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2016 | ||||
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Vet-created supplements for dogs and cats are provided by Fera.
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2016 | ||||
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Natural pet food and accessories are manufactured.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - General Mills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
General Mills Comparisons
Competitors of General Mills
General Mills operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danone, Kraft Heinz Company, NotCo, Conagra Brands and Michael Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Processed foods and beverages are manufactured globally.
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| domain | founded_year | HQ Location |
AI-powered technology is developed for food product innovation and development.
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| domain | founded_year | HQ Location |
Vertically integrated company in manufacturing and supply of value-added meat and food products
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| domain | founded_year | HQ Location |
High-quality food ingredients are processed for industry use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on General Mills
Frequently Asked Questions about General Mills
When was General Mills founded?
General Mills was founded in 1866 and raised its 1st funding round 143 years after it was founded.
Where is General Mills located?
General Mills is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of General Mills?
Jeffrey Harmening is the current CEO of General Mills.
How many employees does General Mills have?
As of May 31, 2024, the latest employee count at General Mills is 33,000.
What is the annual revenue of General Mills?
Annual revenue of General Mills is $19.49B as on May 31, 2024.
What does General Mills do?
General Mills was founded in 1866 in Minneapolis, United States. The food sector is served by manufacturing items such as cereals, snacks, baking products, soups, and fruits under brands including Cheerios, Pillsbury, and Yoplait. Operations involve sales through grocery stores, e-commerce platforms, foodservice distributors, and direct channels. In 2022, annual revenues of 18.99 billion and net profits of 2.7 billion were reported.
Who are the top competitors of General Mills?
General Mills's top competitors include Kraft Heinz Company, NotCo and Donaldson Company.
What products or services does General Mills offer?
General Mills offers Cheerios, Blue Buffalo, Betty Crocker, Pillsbury, and Old El Paso.
Is General Mills publicly traded?
Yes, General Mills is publicly traded on NYSE under the ticker symbol GIS.
How many acquisitions has General Mills made?
General Mills has made 11 acquisitions, including Blue Buffalo, EPIC Provisions, and Edgard & Cooper.
Who are General Mills's investors?
General Mills has 1 investor. Key investors include FEMA.
What is General Mills's ticker symbol?
The ticker symbol of General Mills is GIS on NYSE.
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