|Bid||60.29 x 1400|
|Ask||61.07 x 1000|
|Day's Range||60.03 - 60.82|
|52 Week Range||53.96 - 66.14|
|Beta (5Y Monthly)||0.56|
|PE Ratio (TTM)||14.71|
|Forward Dividend & Yield||2.04 (3.37%)|
|Ex-Dividend Date||Apr 08, 2021|
|1y Target Est||N/A|
General Mills' (GIS) venture capital arm 301 INC unveils plans of a multistage investment up to $20 million in Pots & Co.
General Mills Inc.'s venture capital arm, 301 INC, said Tuesday that it will invest up to $20 million in Pots & Co., a London-based company that specializes in potted desserts. Now sold in U.K. supermarkets, the investment will help fund the company's growth strategy. Founded in 2012, Pots & Co. had $19.5 million in sales in 2020 and is known for the ceramic pots from Valencia, Spain in which its desserts are sold. Pots & Co. is expanding distribution to the West Coast and Rocky Mountain regions of the U.S., exploring U.S. manufacturing options, and the company is working on savory pots, including mezze-style dips. General Mills brands include Old El Paso and Nature Valley while 301 INC seeks out emerging brands. General Mills stock is up 3.7% for the year to date while the S&P 500 index has gained 9.9% for the period.
In this article we presented top 12 chocolate companies in the world. Click to skip our detailed discussion of the chocolate industry and see the Top 5 Chocolate Companies in the World. The global chocolate industry is on a growth trajectory as taste for chocolate is being adopted around the world. In 2019, this market […]