TNT Crust

US food giant General Mills has announced the acquisition of TNT Crust, a manufacturer of high-quality frozen pizza crusts for pizza chains, foodservice distributors, and retail outlets, from Peak Rock Capital. According to sources, TNT Crust products are highly complementary to General Mills’ existing frozen baked goods portfolio. With this acquisition, General Mills aims to invest in its portfolio reshaping strategy and expand the “Away-from-Home” category. Shawn O’Grady, Group President …