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General Mills and DuPont Sell 8th Continent Joint Venture to Stremicks Heritage Foods.
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PR Newswire
- Article date:
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February 11, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MINNEAPOLIS and WILMINGTON, Del., Feb. 11 /PRNewswire-FirstCall/ -- General Mills and DuPont today announced they sold their 8th Continent soy milk joint venture to Stremicks Heritage Foods, a branded specialty foods company. Terms of the agreement were not disclosed.
Conditions of the sale included a long-term supply agreement from Solae, a DuPont majority-owned joint venture, which has been supplying soy protein to 8th Continent. General Mills and DuPont created 8th Continent in 2000.
General Mills, with annual net sales of $12.4 billion, is a leading global manufacturer and marketer of consumer foods products. Based in Minneapolis, Min., General Mills' mission is ...
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