Lactalis: has acquired activities from General Mills

(CercleFinance.com) - General Mills announced that it has entered into definitive agreements to sell its North American yogurt operations to Lactalis and Sodiaal, in cash transactions totaling US$2.
1 billion.

Lactalis will acquire the U.S. operations, while Sodiaal will acquire the Canadian operations. The proposed transactions are expected to close in calendar 2025.

The sales involve the U.S. and Canadian operations of several yogurt brands, including Yoplait, Liberté, Go-Gurt, Oui, Mountain High, and ratio , as well as manufacturing plants in Murfreesboro, Tennessee, Reed City, Michigan, and Saint-Hyacinthe, Quebec.

Collectively, the North American yogurt business contributed approximately US$1.5 billion to General Mills' net sales in fiscal 2024.

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