General mills continues portfolio reshaping strategy, expands away-from-home presence with the acquisition of tnt crust

Minneapolis--(business wire)--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. “this acquisition advances our accelerate strategy and builds on our strong position in the fast-growing away-from-home frozen baked goods category,” said
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