General Mills Seeks Deals to Expand Internationally

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As the luck of General Mills (world's six largest food company) would have it, the maker of Lucky Charms cereal and Progresso soup said sales will rise to $18 billion by 2015, driven by international expansion.

General Mills projects the international unit, its fastest growing division over the last five years, will generate more than $3.7 billion in sales in 2015, up from $2.7 billion in 2010. The company is also “actively working” to find deals to expand overseas, particularly in emerging markets such as Brazil, Russia, India and China.

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