General Mills Completes Sale of Canadian Yogurt Business and Updates Fiscal 2025 Outlook for Recent Portfolio Reshaping Activity
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General Mills has completed the sale of its Canadian Yogurt business to Sodiaal, including brands like Yoplait and Liberté, and a facility in Québec. The sale of its U.S. Yogurt business to Lactalis is expected to close in 2025, pending regulatory approvals.
January 27, 2025 | 10:15 pm
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General Mills has sold its Canadian Yogurt business to Sodiaal, impacting its portfolio and future outlook. The U.S. Yogurt business sale is anticipated in 2025.
The sale of the Canadian Yogurt business is a strategic move by General Mills to reshape its portfolio, which could positively impact its financials and stock price. The anticipated sale of the U.S. Yogurt business in 2025 further aligns with this strategy.
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