General Mills Sells Canadian Yogurt Business
General Mills has sold its Canadian Yogurt Business to the French dairy cooperative Sodiaal, the US firm said. The deal includes the Canadian operations of several yogurt brands including Yoplait and Liberté, as well as a manufacturing facility in Saint-Hyacinthe, Québec, it said.
General Mills is also in the process of selling its US Yogurt business to French firm Lactalis. The sale “will close in calendar 2025,” it said, but adding it was subject to regulatory approvals.
The sale of both businesses for a combined amount of $2.1 billion was announced...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.