Published 09/12/2024 11:15:21 a.m.

General Mills sells its North American yogurt business for $2.1 billion

Summary by KARE

General Mills, Inc. announced Thursday that it has agreed to sell its North American yogurt business to two French dairy companies.

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The Business Journals

General Mills agrees to sell U.S., Canada yogurt business for $2B+

The Golden Valley-based food manufacturer hired an investment banker to shop the North American yogurt businesses earlier this year as the company seeks to focus on faster-growing segments.

09/12/2024 11:53:32 a.m.·United States

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Le Figaro

Thanks to Lactalis and Sodiaal, Yoplait becomes even more French

The two tricolour milk giants are buying up the activities of the small-flowered brand in the United States and Canada, hitherto operated by the American group General Mills.

09/12/2024 11:00:06 a.m.·Paris, France

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Star Tribune

General Mills to sell its North American yogurt business, including Yoplait, for $2.1 billion

The Minnesota-based food maker has been shopping the brand for a while amid slowing demand and high competition in the yogurt aisle.

09/12/2024 12:26:08 p.m.·Minneapolis, United States

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MarketWatch

General Mills to sell North American yogurt business to French dairy companies for $2.1 billion

General Mills, parent to brands including Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury and Betty Crocker, is expecting the deal to be about 3% dilutive to adjusted per-share earnings in the first year after close.

09/12/2024 11:31:00 a.m.·United States

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La Presse

General Mills sells its yogurt business | Yoplait and Liberté yogurts go French Sodiaal

American food giant General Mills is withdrawing from the North American yogurt market. As part of a 2.1 billion US transaction (2.9 billion CAN) announced on Thursday, the manufacturer of Cheerios, Häagen-Dazs and Pillsbury sells its yogurt activities to two French companies: Lactalis in the United States, Sodiaal in Canada.

09/12/2024 8:25:17 p.m.·Montreal, Canada

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KARE

General Mills sells its North American yogurt business for $2.1 billion

General Mills, Inc. announced Thursday that it has agreed to sell its North American yogurt business to two French dairy companies.

09/12/2024 9:56:15 a.m.·Minneapolis, United States

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General Mills sells its North American yogurt business for $2.1 billion

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General Mills agrees to sell U.S., Canada yogurt business for $2B+

General Mills agrees to sell U.S., Canada yogurt business for $2B+

Thanks to Lactalis and Sodiaal, Yoplait becomes even more French

Thanks to Lactalis and Sodiaal, Yoplait becomes even more French

General Mills to sell its North American yogurt business, including Yoplait, for $2.1 billion

General Mills to sell its North American yogurt business, including Yoplait, for $2.1 billion

General Mills to sell North American yogurt business to French dairy companies for $2.1 billion

General Mills to sell North American yogurt business to French dairy companies for $2.1 billion

General Mills sells its yogurt business | Yoplait and Liberté yogurts go French Sodiaal

General Mills sells its yogurt business | Yoplait and Liberté yogurts go French Sodiaal

General Mills sells its North American yogurt business for $2.1 billion

General Mills sells its North American yogurt business for $2.1 billion

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