Brandtree

Who owns Pillsbury?

Pillsbury is owned by General Mills (the United States, NYSE: GIS), which acquired the brand on 31 October 2001 from Diageo.[1][2] Before General Mills, Pillsbury was owned by Diageo from 1989 to 2001.[2]

Key facts

Current owner
General Mills, Inc. verified
Owned since
· deal details
Acquisition price
$10.5 billion (enterprise value)
Previous owner
Diageo (1989–2001)
Owner HQ
🇺🇸 United States, Minneapolis, Minnesota
Origin
🇺🇸 United States, Minneapolis
Founded
1872
Category
FoodMeals & meal componentsBaking mixes & ingredients
Parent ticker
NYSE: GIS
Last verified
· 2 sources

About Pillsbury

Pillsbury was a rival Minneapolis flour miller founded in 1872, whose refrigerated dough business and Doughboy mascot made it a fixture of American baking. General Mills acquired it from Diageo in 2001 after selling Pillsbury's dessert business to International Multifoods to satisfy regulators.

Ownership timeline of Pillsbury

Owners of Pillsbury from 1989 to 2026 Diageo 1989–2001; General Mills 2001–present Diageo General Mills 19901995200020052010201520202025
  1. 1989 – 2001 Diageo sold 31 October 2001 [2] verified Pillsbury was owned by Grand Metropolitan, which merged into Diageo in 1997.
  2. 2001 – present General Mills acquired 31 October 2001 [1][2] verified

Where Pillsbury sits in General Mills

Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.

Where Pillsbury sits in General Mills Tree of 18 brands under General Mills. General Mills Pillsbury Annie's Betty Crocker Blue Buffalo Cheerios Chex and 12 more

Open the full General Mills ownership tree →

Other brands owned by General Mills in food

See the full General Mills brand portfolio (18) →

Deals involving Pillsbury

Latest news about Pillsbury

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Frequently asked questions

Who is the parent company of Pillsbury?

The parent company of Pillsbury is General Mills, a publicly listed company headquartered in the United States.

Is Pillsbury American?

Yes. Pillsbury originated in the United States in 1872 and its owner, General Mills, is also headquartered in the United States.

When did General Mills buy Pillsbury?

General Mills completed its acquisition of Pillsbury on 31 October 2001, after announcing the deal on 17 July 2000.

Who owned Pillsbury before General Mills?

Before General Mills, Pillsbury was owned by Diageo from 1989 until 2001.

Is Pillsbury still owned by General Mills?

Yes. As of 6 September 2026, Pillsbury is still owned by General Mills. The ownership record was last checked against primary sources on that date.

Sources (2) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] General Mills, Inc. Annual Report on Form 10-K filed 2026-07-01 — SEC EDGAR, SEC Form 10-K, published 1 July 2026; retrieved 6 September 2026.
  2. [2] General Mills, Inc. Annual Report on Form 10-K — SEC EDGAR, SEC Form 10-K; retrieved 6 September 2026.

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