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Omaha Steve

(99,618 posts)
Wed Sep 10, 2014, 07:55 PM Sep 2014

Big Food Just Bought Your Favorite Organic Mac and Cheese Company


http://www.takepart.com/article/2014/09/09/general-mills-buys-annies-homegrown?cmpid=tpdaily-eml-2014-09-09

General Mills has purchased Annie's Homegrown for $820 million.



September 09, 2014 By Willy Blackmore Willy Blackmore is TakePart’s Food editor.

A ix-ounce box of Annie’s Homegrown macaroni and cheese runs about $2, if you’re buying it online. Yesterday, General Mills bought the 25-year-old company for the equivalent of 410 million boxes of its signature product—the second-best-selling boxed mac and cheese in the country. The $820 million purchase put Annie’s in the food giant's ever-growing portfolio of organic brands, including Cascadian Farm and Muir Glen. It's a trend that, as the infographic below shows, is echoing across the industry.

The Annie's Homegrown brand has long been seen as a healthier version of the corporate, chemical-orange alternative; it has been a big business in its own right. But it has balanced multimillion-dollar sales figures—$204 million in 2013, up 20 percent from the previous year—with a mission “to cultivate a healthier, happier world by spreading goodness through nourishing foods, honest words and conduct that is considerate and forever kind to the planet," as a 2012 filing with federal security regulators, ahead of its IPO, read.

So much of Annie’s appeal was its ethical flavor,” Jesse Doris wrote at Slate last October. “Buying the bunny meant supporting small farmers, and macaroni and cheese became an act of subversion—sticking a fork into pasta was sticking it to The Man!” She goes on to tell of a more grassroots investor campaign the company launched in 1994, when Annie’s included “notices of the direct public offering alongside the sauce packets and shells in all the bunny’s boxes.”

Throughout the years, the company increased its social commitments as its sales boomed. While General Mills did recently announce new measures to limit its carbon emissions, it's not known for championing causes other than the bottom line. So while the ingredient labels on a box of Annie’s mac and cheese will surely remain the same—the company's CEO tells KQED it will continue to support organic and sustainable farms—the philosophy behind the purple bunny box is likely to change.

Infographic at link.





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Big Food Just Bought Your Favorite Organic Mac and Cheese Company (Original Post) Omaha Steve Sep 2014 OP
I wonder if this will be a kind of "Tom's of Maine bought by Colgate" deal KansDem Sep 2014 #1
MONEY niyad Sep 2014 #5
Good point about Tom's of Maine SunDrop23 Sep 2014 #10
NOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!! Beaverhausen Sep 2014 #2
What are you going to buy instead? Brickbat Sep 2014 #18
Ben & Jerry's, Burt's Bees, The Body Shop BrotherIvan Sep 2014 #3
That's too bad - TBF Sep 2014 #4
They won't change it much RoccoR5955 Sep 2014 #8
Yup, exactly why I will be looking TBF Sep 2014 #15
Boooo! GoCubsGo Sep 2014 #6
Swell. City Lights Sep 2014 #7
Who Eats Mac and Cheese from a Box? mckara Sep 2014 #9
Oh yes! leftieNanner Sep 2014 #12
The thing about Annie's was that although, yes, it was a convenience product, Arugula Latte Sep 2014 #25
Shit, another good product bites the dust. blackspade Sep 2014 #11
Have no fear, it's still here pinboy3niner Sep 2014 #14
You can hear Monsanto cheering... no wait, those are bunnies killng themselves whereisjustice Sep 2014 #13
So no more Annie's mustard either marions ghost Sep 2014 #16
It only takes about 5 minutes longer to make it from scratch than out of a box. hobbit709 Sep 2014 #17
I hope they don't fuck with my raspberry vinaigrette! cyberswede Sep 2014 #19
I don't buy packaged food. I cook. cali Sep 2014 #20
Big food is currently in process of destroying all competition. Because they can. Zorra Sep 2014 #21
Well ... crap. Arugula Latte Sep 2014 #22
I won't be buying Annie's any more. MohRokTah Sep 2014 #23
Whatever, I bought it for my kids because it was Organic and a treat. dilby Sep 2014 #24
Not A Big Fan of Annies otohara Sep 2014 #26
Falk Sisters Lemon Custard Ice Cream R.I.P. IADEMO2004 Sep 2014 #27

KansDem

(28,498 posts)
1. I wonder if this will be a kind of "Tom's of Maine bought by Colgate" deal
Wed Sep 10, 2014, 08:08 PM
Sep 2014
In 1968, Tom and Kate Chappell left Philadelphia, where Tom worked for an insurance company, and moved to rural Kennebunk, Maine. As part of their goal to simplify their lives, they sought out natural, unprocessed foods and, unadulterated products.

Unable to find natural personal care options for themselves and their children, in 1970 Tom and Kate decided to create and sell their own. They began with a $5,000 loan from a friend and the philosophy that their products would not harm the environment.

From this small start, Tom's of Maine grew and developed into a different kind of company, one based on the belief that people and nature deserve respect. Over the years our product line moved from non-phosphate laundry detergent to natural personal care products such as the first natural toothpaste (1975) and deodorant (1976).

We've grown in size and in 2006, we became part of the Colgate-Palmolive Company. But our simple, direct approach hasn't changed one bit: we listen to what our customers want (and don't want) in their products, we learn how it can be done, and we respond with effective natural, sustainable and responsible solutions.

http://www.tomsofmaine.com/company


I've used Tom's products for many years and when I learned that the company was bought by Colgate, I shuddered to think what would happen to the products and philosophy of Tom's. So far, it doesn't look like anything's changed with the ingredients or company, but I still wonder why a big Mega-Food Corporation would be interested in buying a small, organic-food company.

SunDrop23

(2,109 posts)
10. Good point about Tom's of Maine
Wed Sep 10, 2014, 10:23 PM
Sep 2014

Great products that seem to have not dropped in quality.

As far as for why General Mills bought Annie's, hopefully it is to increase market share and not learn the methods and processes then kill off the brand.

Beaverhausen

(24,470 posts)
2. NOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!
Wed Sep 10, 2014, 08:11 PM
Sep 2014

well, I just bought some. Guess it's the last batch I'll get.

BrotherIvan

(9,126 posts)
3. Ben & Jerry's, Burt's Bees, The Body Shop
Wed Sep 10, 2014, 08:30 PM
Sep 2014

Big corporations stifle all creativity and inventiveness so they have to buy it.

 

RoccoR5955

(12,471 posts)
8. They won't change it much
Wed Sep 10, 2014, 10:03 PM
Sep 2014

They will just put GMOs in the pasta, and plastic in the cheese mix.

GoCubsGo

(32,080 posts)
6. Boooo!
Wed Sep 10, 2014, 09:51 PM
Sep 2014

As disappointing as the sale of Ben and Jerry's to Unilvever, and the sale of The Body Shop to Loreal.

leftieNanner

(15,084 posts)
12. Oh yes!
Wed Sep 10, 2014, 10:40 PM
Sep 2014

Homemade bechamel sauce with grated cheddar and parmesan cheese, a spot of dijon mustard and sriracha sauce. Freshly boiled pasta. Sometimes it is baked with bread crumbs on top... but mostly we just eat it as soon as the big spoon is finished its job. No fake orange stuff for my family.

 

Arugula Latte

(50,566 posts)
25. The thing about Annie's was that although, yes, it was a convenience product,
Thu Sep 11, 2014, 11:01 AM
Sep 2014

it was a hell of a lot better than Kraft. They didn't use synthetic colors and so forth. My kids really like it, and although I do make homemade mac 'n' cheese (I do the roux and everything), from time to time we are in a hurry to get to an event and that stuff was easy and tasty.

Zorra

(27,670 posts)
21. Big food is currently in process of destroying all competition. Because they can.
Thu Sep 11, 2014, 10:25 AM
Sep 2014

My local grocery store just stopped selling most of my favorite non-GMO products, made by an independent company. I live in a rural area, and I am a vegetarian, and will now be forced to drive 50 miles just to buy reasonably priced these non-GMO products that I like.

Of course, there's plenty of BIG FOOD GMO CHEMICAL LACED "vegetarian" crap still available at my local grocery store.

RIP, Annies.

dilby

(2,273 posts)
24. Whatever, I bought it for my kids because it was Organic and a treat.
Thu Sep 11, 2014, 11:01 AM
Sep 2014

Not because I was sticking it to the man.

IADEMO2004

(5,554 posts)
27. Falk Sisters Lemon Custard Ice Cream R.I.P.
Thu Sep 11, 2014, 12:47 PM
Sep 2014

I think they were from Page County Iowa and made a great ice cream. They passed and the ice cream was still sold for a quite a while and then disappeared. Ten years maybe more ago I saw some of their Lemon Custard in the freezer at the grocery store and grabbed a half gallon. Well it did have a lemon flavor but the texture was all wrong. I went back to my freezer to read the ingredients list and found guar gum listed. I think I can guarantee the original Falk Sister's Lemon Custard Ice Cream recipe never included stinking guar gum. The new recipe wasn't around long and only old turds like me remember what was.

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