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General Mills Adds Organic Foods With Purchase of Annie’s
date:Sep 09, 2014
n the statement. Annies shares climbed as much as 40 per cent to $46.97 in late trading. Annies posted sales of $204 million in its most recent fiscal year. That compares with about $330 million in revenue for General Mills organic-product division, which also includes Muir Glen tomatoes and Larabar energy bars.

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Annies was co-founded in 1989 by Annie Withey, aiming to provide natural foods for moms to feed their families. She initially built the business by word of mouth. Withey,

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