General Mills Completes Sale of Helper and Suddenly Salad Businesses

June 05, 2023 08:00 AM Eastern Daylight Time MINNEAPOLIS–(BUSINESS WIRE)–General Mills (NYSE: GIS) today announced it 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.

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