General Mills to sell its yoghurt business to Lactalis and Sodiaal
General Mills has announced plans to sell its North American yoghurt business to Lactalis and Sodiaal, in cash transactions valued at an aggregate US$2.1 billion.
The divestitures include the US and Canada operations of several yoghurt brands including Yoplait, Liberté, Go-Gurt, Oui, Mountain High and :ratio, as well as manufacturing facilities across the two countries.
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.
The proposed transactions are expected to close in 2025, subject to receipt of requisite regulatory approvals and other customary closing conditions.
Unilever in discussions about its Foods business
On 20 March, Unilever issued a statement in response to recent speculation about a potential...
Call for legislation and greater Indigenous control over native foods
As Australia's native food industry booms, emerging Aboriginal leaders and experts call for...
Fonterra CEO Miles Hurrell announces resignation
Fonterra Co-operative Group Ltd has today (16 March 2026) announced that Chief Executive Officer...
