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.
In the latest trading session, General Mills (GIS) closed at $71.80, marking a +0.08% move from the previous day.
MINNEAPOLIS, May 11, 2022--General Mills (NYSE: GIS) today announced that it has entered into a definitive agreement to acquire TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets. TNT Crust is currently a portfolio company of Peak Rock Capital.