From Reuters company profile of General Mills:
"General Mills has a 50% equity interest in Cereal Partners Worldwide (CPW), a joint venture with Nestle S.A. (Nestle), which manufactures and markets ready-to-eat cereal products in more than 130 countries and republics outside the United States and Canada."
http://www.investor.reuters.wallst.com/stocks/company-profile.asp?rpc=66&ticker=GIS
Cee
Carole Peterson <[log in to unmask]> wrote:
From General MIlls web site , they say they have a 50-50 joint venture with
Nestle to distribute their foods. This is in Mexico but not the Caribbean or
other areas of South America. Per their info Nestle is the biggest distributor
(and therefore known name) of cereal in Mexico which is why they entered into
this joint venture.
Carole Peterson MS, IBCLC
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