Pillsbury (brand)

The Pillsbury Company
	Pillsbury Cake Mix (formerly a Smucker Co. product; now made by Hometown Food, a division of Brynwood Partners)
Company type	Public
Founded	Minneapolis, Minnesota, U.S., 1869
Founders	Charles Alfred Pillsbury; John S. Pillsbury
Fate	Acquired by General Mills; assets divided
Successor	General Mills
Headquarters	Minneapolis, Minnesota, U.S.
Website	www.pillsbury.com

The Pillsbury Company is a US-based company that was one of the world's largest cake manufacturers and producers of grain and other foodstuffs until it was bought by General Mills in 2001. ^[1] Antitrust law required General Mills to sell off some of the products, so the company kept the rights to refrigerated and frozen Pillsbury branded products, while dry baking products and frosting were sold to the Orrville, Ohio–based Smucker company under license. Brynwood Partners agreed to purchase Pillsbury's dry baking and frosting assets from Smuckers for $375 million in July 2018.^[2] In September 2018, the sale was completed along with other brands including Martha White and Hungry Jack.^[3]

^ "Top 7 Companies Owned by General Mills". Investopedia. Retrieved October 23, 2022.
^ Panchadar, Arjun (July 9, 2018). "J.M. Smucker to sell Pillsbury, other U.S. baking brands for $375 million". Thomson Reuters. Retrieved March 6, 2019.
^ Marchat, Alissa (September 4, 2018). "J.M. Smucker Co. Closes $375M Deal With Hometown Food Co". The Shelby Report. Retrieved April 7, 2019.

[1] "Top 7 Companies Owned by General Mills". Investopedia. Retrieved October 23, 2022.

[2] Panchadar, Arjun (July 9, 2018). "J.M. Smucker to sell Pillsbury, other U.S. baking brands for $375 million". Thomson Reuters. Retrieved March 6, 2019.

[3] Marchat, Alissa (September 4, 2018). "J.M. Smucker Co. Closes $375M Deal With Hometown Food Co". The Shelby Report. Retrieved April 7, 2019.

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