Pet, Inc.

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Pet, Inc. was an American company that was the first to commercially produce evaporated milk and later became a multi-brand food products conglomerate.[1] Pet is now part of General Mills.

[edit] History

  • Founded as Helvetia Milk Condensing Company in 1885.
  • In 1923, it was renamed the Pet Milk Company after its signature product "Our Pet Evaporated Cream".
  • Transformed into a food conglomerate with the purchase of many brands in the early 1960s. Including C. H. Musselman, Whitman's, Downyflake, and R. E. Funsten.
  • Changed name to Pet Incorporated in 1966.
  • Acquired by IC Industries in 1978.
  • Acquired Orval Kent in 1989.[2]
  • Spun off of Whitman in 1990.[3]
  • Acquired by the Pillsbury Company division of Grand Metropolitan in 1995. Major brands of interest are Old El Paso and Progresso.[4]
  • In 2000, General Mills acquired Pillsbury (incl. Pet) from Diageo. [5]

[edit] References

  1. ^ Company profile as of the late 1990s
  2. ^ Pet Inc. takeover of Orval Kent Food Co
  3. ^ Whitman Revamping; Will Spin Off Pet Inc.
  4. ^ Grand Met Makes $2.6 Billion Offer for Pet Inc.
  5. ^ Pillsbury History


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