General Mills Latest US Food Giant to Seek Partner in Israel

Posted by Menachem Lubinsky on July 6, 2010 under Israel, Kosher Companies | View Comments

Tel Aviv…General Mills, one of the America’s food giants, is looking for a partner in Israel, to emulate successes by other multi national food icons like Nestle, which has been steadily growing its partnership with Osem and realizing significant profits. A General Mills delegation recently visited Israel’s Food Industries Association in anticipation of finding a partner in Israel. Interestingly, Pepsico which partnered with Strauss put its emphasis on growing the Sabra brand in the US. It is in the midst of a national marketing campaign to brand Sabra’s hummus and other Mediterranean salads. The General Mills delegation, according to Globes, is officially looking for “possible future cooperation,” but an Israeli food industry source told Kosher Today that their objective may very well be to “copy Nestle.” General Mills is a Fortune 500 company, and one of the world’s largest food companies, with some $25 billion in sales. It owns such well known brands as Hagen Dazs, Pillsbury, Yoplait, and many well-known cereals.