The coalition promotes a three-degree shift in frozen food temperature standards with the goal of cutting greenhouse gases, lowering supply chain costs and securing food resources with no compromise on food safety or quality.
Set to close in the third quarter of fiscal 2025, the transaction marks the fifth acquisition General Mills has announced or completed in the pet category.
Lantmännen will invest more than €100 million ($105.38 million) in a factory in Sweden, while partnering with Ingredion to develop a differentiated portfolio of plant-based protein isolates based on yellow peas.
The grants will support collaborative efforts from Oregon State University and Rutgers University with local farmers, producers and distributors to advance sustainability and efficiency in the hazelnut industry.