Progresso became part of General Mills in 2001, when General Mills acquired Pillsbury.
While Progresso changed hands prior to that, the most significant acquisition that brought the brand into its current corporate family was through the purchase of Pillsbury.
The Journey of Progresso's Ownership
Progresso, known for its homemade taste and authentic foods, has a rich history that includes key ownership changes over the decades.
Early History and Initial Sale:
The Progresso brand was initially established, highlighting the quality and authenticity of its products. Following the death of its founder, Progresso was first sold in 1969. The specific buyer at that time is not detailed in available information. This marked a significant transition for the company from its original ownership.
Acquisition by General Mills:
Decades later, Progresso found its permanent home within one of the largest food companies in the world.
- In 2001, Progresso officially became part of General Mills.
- This acquisition occurred as part of General Mills' larger purchase of Pillsbury. At the time, Progresso was a brand under the Pillsbury umbrella.
This table summarizes the known ownership changes for Progresso based on available information:
Year | Event | Acquirer / Context |
---|---|---|
1969 | Progresso was sold | Buyer not specified in referenced information |
2001 | Progresso became part of General Mills | General Mills acquired Pillsbury, which included the Progresso brand |
Today, Progresso remains a prominent brand under the General Mills portfolio, continuing to offer a wide range of soups and other food products.