Foodservice

General Mills completes sale of Helper and Suddenly Salad

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July 5, 2022

General Mills Inc. has completed the sale of its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group in a cash transaction valued at approximately $610 million, according to a press release.

Eagle Foods, a portfolio company of Kelso & Co., is a producer and marketer of canned sweetened condensed milk, evaporated milk products and retail snack foods distributed through U.S. retail, foodservice and export, U.S. military and private label channels.

Net sales for the Helper and Suddenly Salad businesses totaled approximately $235 million in fiscal 2021.