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General Mills to close Missouri plants bought from Whitebridge

In November 2024, General Mills acquired Whitebridge Pet Brands' North American premium cat food and pet treat business from NXMH for US$1.45 billion.

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Tim Wall | DALL-E

 Two pet food plants in Joplin will be among the three facilities shuttered by General Mills in Missouri, according to a corporate filing posted on Wednesday. The pet food facilities were acquired from Whitebridge Pet Brands in 2024. General Mills officials stated that the closures are part of a multi-year initiative to improve supply chain efficiency.

“We expect to incur approximately $82 million of restructuring charges, of which approximately $17 million will be cash,” General Mills executives wrote in the filings. “These charges are expected to consist of approximately $64 million of asset write-offs and $18 million of other costs, including severance. We expect to recognize $43 million of asset write-offs and $6 million of other costs, including severance, in the second quarter of fiscal 2026. We expect these actions to be completed by the end of fiscal 2029.”

In November 2024, General Mills acquired Whitebridge Pet Brands' North American premium cat food and pet treat business from NXMH for US$1.45 billion.