General Mills to Sell Its Yogurt Brands in $2 Billion Deal
General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said. Lactalis will acquire the U.S. business and Sodiaal will buy the Canadian unit, the company noted.
General Mills to sell North American yogurt business for $2.1B
The North American Yogurt business contributed approximately $1.5 billion to General Mills’ fiscal 2024 net sales.
General Mills sells North America yogurt business to Lactalis, Sodiaal
General Mills has sold its US and Canadian yogurt business to Lactalis and Sodiaal respectively. The deal was struck for a total of $2.1bn, General Mills revealed today (12 September). The Cheerios maker said its North American yogurt business contributed ...
General Mills Announces Agreements to Sell Its North American Yogurt Business to Lactalis and Sodiaal
General Mills Announces Agreements to Sell Its North American Yogurt Business to Lactalis and Sodiaal General Mills, Inc. (NYSE: GIS) today announced that it has entered into definitive agreements to sell its North American Yogurt business to Lactalis and Sodiaal,
General Mills To Sell Its North American Yogurt Business To Lactalis And Sodiaal For $2.1 Bln Cash
General Mills, Inc. (GIS) announced Thursday that it has entered into definitive agreements to sell its North American Yogurt
Lactalis and Sodiaal to acquire General Mills’ $2.1bn North American yogurt business
In a hotly-anticipated ‘elephant deal’, Häagen-Dazs owner General Mills has agreed to sell its US and Canada yogurt businesses, including brands Yoplait and Liberté.
General Mills to sell its North American Yogurt business
In a press release, General Mills announced that it would be selling its North American Yogurt business, which includes well-known brands like Yoplait, Liberté, Go-Gurt, Oui, Mountain High, and :ratio.
General Mills to Sell North American Yogurt Business to Lactalis and Sodiaal
Following the completion of the transactions, the US and Canadian businesses will operate independently, with Lactalis acquiring the US business and Sodiaal acquiring the Canadian business.
General Mills sells N. America yogurt operations in $2 billion deal to focus on stronger brands
General Mills will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday. Lactalis will acquire the U.S.
General Mills in talks to sell North American yogurt business to French dairy companies for more than $2 billion: Report
General Mills Inc. is in advanced talks to sell its North American yogurt business for more than $2 billion, Bloomberg reported Thursday, citing people with knowledge of the matter. The buyers are French dairy companies Groupe Lactalis and Sodiaal,
Sodiaal announces an agreement with General Mills to acquire the Yoplait and Liberté brands operations in Canada
Following the successful acquisition of Yoplait's operations in Europe and the ownership of the Yoplait and Liberte brands globally in 2021, Sodiaal has entered into a definitive agreement with ...
Reuters8d
General Mills sells North America yogurt operations in $2 billion deal
Sept 12 - General Mills (GIS.N), opens new tab will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on ...
MarketWatch8d
General Mills to sell North American yogurt business to French dairy companies for $2.1 billion
General Mills Inc. said Thursday it has reached an agreement to sell its North American yogurt business to French dairy companies Lactalis and Sodiaal for $2.1 billion in cash. The news was first ...
Canadian Manufacturing7d
Sodiaal to acquire Yoplait and Liberté brand operations in Canada
Concurrently, General Mills has entered into a definitive agreement to sell its U.S. yogurt operations to Lactalis, including, notably, the rights to operate the Yoplait and Liberté brands, of which ...