JAB Acquires Mondelez’s Stake in JDE Peet’s and Distributes Shares to Outside Investors to Significantly Increase Free Float

Contributed by: Business Wire

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Retail
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Restaurant/Bar
Food/Beverage
JAB acquire's Mondelez's Stake in JDE Peet's

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General Mills today announced it has completed the acquisition of Edgard & Cooper, one of Europe’s leading independent premium pet food brands. Established in 2016, Edgard & Cooper is one of the fastest-growing and most-recognized independent pet food companies in Europe, with estimated 2023 retail sales of more than €100 million across 13 markets. With this transaction, General Mills further advances its Accelerate strategy, including the prioritization of its core markets, global platforms and local gem brands to drive sustainable, profitable growth and top-tier shareholder returns over the long term. (Photo: Business Wire)

General Mills Advances Accelerate Strategy and Expands Pet Food Portfolio with Acquisition of Edgard & Cooper