The story
Founded by Annie Withey in 1989.1
Annie Withey, creator of the Smartfood popcorn brand alongside her then-husband Andrew Martin, co-founded Annie's Homegrown with him in 1989. Initially, the company only sold "natural" macaroni and cheese in New England supermarkets. During the early years of the company, Withey's phone number was listed on every box of macaroni and cheese, and her product was advertised through guerrilla marketing and sold by individuals ordering it cases at a time. Annie's completed a direct public offering in 1995 that raised $1.3 million. The company's rabbit mascot, Bernie, was designed by Thomas J. Paul Inc. Bernie appeared in the seal of approval called the "Rabbit of Approval" and another slogan called "Bunny of Approval" in 2020.
In 1999, John Foraker and his company Homegrown Natural Foods, which made flavored olive oils and mustards, invested $2 million in Annie's. An agreement was reached that would buy out Withey and Martin's shares in the company and make Annie's a private company. Withey became Annie's "inspirational president", largely removing herself from the company, and the company began distributing its products to chains like Costco, Kroger, and Safeway.
Solera Capital became the majority investor in the company with $23 million in 2002. They also added Foraker's company Homegrown Naturals (including brands Consorzio and Fantastic Foods) to the business and moved Annie's headquarters from Boston to Napa, California, in 2004. One year later, the company bought out Annie's Naturals, a (sometimes) organic salad dressing and condiment company founded by Annie Christopher of North Calais, Vermont. Later in 2011, Annie's headquarters relocated from Napa to Berkeley, California, and the company filed with the SEC in December of that year to raise money in an initial public offering.
In January 2012, Annie's announced the introduction of a certified organic rising crust frozen pizza line exclusive to Whole Foods Market.
Annie's opened their first bakery manufacturing plant in April 2014, purchased from Safeway Inc. for $7.4 million and located in Joplin, Missouri. General Mills acquired Annie's in September that same year for $820 million, by which point Annie Withey had completely cut ties with the company. In August 2017, once the acquisition by General Mills was complete, President of Annie's Homegrown John Foraker announced his resignation on LinkedIn.
From Wikipedia’s article on Annie's Homegrown, shared under CC BY-SA 4.0.6