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Nov 30, 2021 · As part of the transaction with Sodiaal, which was initially announced on March 23, 2021, General Mills acquired full ownership of the Canadian Yoplait business. General Mills will also now operate with a reduced royalty rate for use of the Yoplait and Liberté brands in the United States and Canada.
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Dec 1, 2021 · General Mills has completed the sale of its 51% controlling interest in its Yoplait S.A.S European operations to French dairy cooperative Sodiaal in exchange for full ownership of the...
Mar 23, 2021 · Under the terms of the transaction, General Mills would acquire Sodiaal’s 49 percent ownership interest in Yoplait Canada Holding Co., making the Yoplait Canada yogurt business, which generated $290 million in net sales in fiscal 2020, a wholly owned subsidiary of General Mills.
Sep 12, 2024 · 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, two leading French dairy companies, in cash transactions valued at an aggregate $2.1 billion USD.
Sep 12, 2024 · General Mills will sell its North American yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday.
Sep 12, 2024 · 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...
Mar 23, 2021 · Following completion of the transaction, General Mills would wholly own yogurt operations in the United States and Canada that generated a combined $1.4 billion in net sales in fiscal 2020 and...