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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBig 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 TakeParts Food editor.
A ix-ounce box of Annies Homegrown macaroni and cheese runs about $2, if youre buying it online. Yesterday, General Mills bought the 25-year-old company for the equivalent of 410 million boxes of its signature productthe second-best-selling boxed mac and cheese in the country. The $820 million purchase put Annies 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 yearwith 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 Annies 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 subversionsticking 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 Annies included notices of the direct public offering alongside the sauce packets and shells in all the bunnys 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 Annies mac and cheese will surely remain the samethe company's CEO tells KQED it will continue to support organic and sustainable farmsthe philosophy behind the purple bunny box is likely to change.
Infographic at link.
KansDem
(28,498 posts)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)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)well, I just bought some. Guess it's the last batch I'll get.
Brickbat
(19,339 posts)BrotherIvan
(9,126 posts)Big corporations stifle all creativity and inventiveness so they have to buy it.
TBF
(32,056 posts)my kids prefer their mac & cheese. I hope they don't change it.
RoccoR5955
(12,471 posts)They will just put GMOs in the pasta, and plastic in the cheese mix.
TBF
(32,056 posts)for alternatives ...
GoCubsGo
(32,080 posts)As disappointing as the sale of Ben and Jerry's to Unilvever, and the sale of The Body Shop to Loreal.
City Lights
(25,171 posts)mckara
(1,708 posts)YUCK
leftieNanner
(15,084 posts)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)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.
blackspade
(10,056 posts)pinboy3niner
(53,339 posts)Just look for the new box design for semi-organic Mak and Cheeze.
whereisjustice
(2,941 posts)marions ghost
(19,841 posts)..........
hobbit709
(41,694 posts)cyberswede
(26,117 posts)cali
(114,904 posts)Zorra
(27,670 posts)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.
Arugula Latte
(50,566 posts)MohRokTah
(15,429 posts)We purchased lots of their products. No more.
dilby
(2,273 posts)Not because I was sticking it to the man.
otohara
(24,135 posts)this will be an easy one for me to boycott.
IADEMO2004
(5,554 posts)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.