Multifoods gets the Pillsbury desserts, specialty products and non-custom foodservice baking mixes, as well as General Mills Inc.'s U.S. Robin Hood brand, as part of the deal that has enabled General Mills to purchase Pillsbury from Diageo PLC, London.
The amended deal, aimed to address Federal Trade Commission antitrust concerns, also gives Multifoods--at no additional cost--the Pet brand of evaporated milk and dry creamer, Farmhouse brand of rice and pasta side dishes, and Softasilk, La Pina and Red Band flour brands.
In addition, Diageo has guaranteed $200 million of Multifoods
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