Who owns Progresso?
Progresso is owned by General Mills (the United States, NYSE: GIS), which acquired the brand on 31 October 2001 from Diageo.[1][2] Progresso was founded in 1925 in the United States and was independent until 2001.
Key facts
- Current owner
- General Mills, Inc. verified
- Owned since
- Previous owner
- Independent (1925–2001)
- Owner HQ
- 🇺🇸 United States, Minneapolis, Minnesota
- Origin
- 🇺🇸 United States
- Founded
- 1925
- Category
- Food › Meals & meal components › Soup
- Parent ticker
- NYSE: GIS
- Last verified
- · 2 sources
About Progresso
Progresso was founded by Italian immigrants importing food to New Orleans in 1925 and became the main competitor to Campbell's in American canned soup, selling ready-to-eat soup rather than condensed. General Mills acquired it with Pillsbury in 2001. Ready-to-eat soup needs a larger can and costs more to ship, which is why Campbell's resisted the format for years.
Ownership timeline of Progresso
- 2001 – present General Mills — acquired 31 October 2001 [1][2] verified
Where Progresso sits in General Mills
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full General Mills ownership tree →
Other brands owned by General Mills in food
Latest news about Progresso
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Frequently asked questions
Who is the parent company of Progresso?
The parent company of Progresso is General Mills, a publicly listed company headquartered in the United States.
Is Progresso American?
Yes. Progresso originated in the United States in 1925 and its owner, General Mills, is also headquartered in the United States.
When did General Mills buy Progresso?
General Mills completed its acquisition of Progresso on 31 October 2001, after announcing the deal on 17 July 2000.
Who owned Progresso before General Mills?
Progresso was an independent company from its founding in 1925 until General Mills acquired it in 2001.
Is Progresso still owned by General Mills?
Yes. As of 6 September 2026, Progresso 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] 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] General Mills, Inc. Annual Report on Form 10-K — SEC EDGAR, SEC Form 10-K; retrieved 6 September 2026.
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