BDS Victory: General Mills Says It Will Divest From Israel
On May 31 General Mills announced that it divested its 60% stake in its Israeli subsidiary. For the last two years the company has been targeted by the American Friends Service Committee (AFSC) over the fact that some of its Pillsbury products are manufactured in an illegal Israeli settlement.
General Mills’s statement doesn’t reference the BDS campaign and claims that the move simply reflects the company’s “strategic choices about where to prioritize our resources to drive superior returns.” Bodan Holdings, an Israel-based company who previously owned the other 40% of the business, will take over the entire operation. As AFSC points out on Twitter, it remains unclear whether Pillsbury products can still be made in the factory under General Mills’s license agreement.