M&A Deal Summary

General Mills Acquires Carolina Administracao e Participacoes Societarias

On December 23, 2015, General Mills acquired food company Carolina Administracao e Participacoes Societarias

Acquisition Highlights
  • This is General Mills’ 13th transaction in the Food sector.
  • This is General Mills’ 2nd transaction in Brazil.

M&A Deal Summary

Date 2015-12-23
Target Carolina Administracao e Participacoes Societarias
Sector Food
Buyer(s) General Mills
Deal Type Add-on Acquisition

Target

Carolina Administracao e Participacoes Societarias

Ribeirao Claro, Brazil
Carolina Administracao e Participacoes Societarias Ltda. is a family-owned brazilian yogurt and dairy products producer.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

General Mills

Minneapolis, Minnesota, United States

Category Company
Founded 1866
Sector Food
Employees34,000
Revenue 19.9B USD (2024)
DESCRIPTION
Entrance to General Mills' corporate headquarters in Minneapolis.
Entrance to General Mills' corporate headquarters in Minneapolis.

General Mills is a multinational manufacturer and marketer of branded consumer foods sold through retail stores. The Company is also a supplier of branded and unbranded food products to the foodservice and commercial baking industries. General Mills' portfolio includes a wide range of well-known brands such as Cheerios, Yoplait, Betty Crocker, Pillsbury, Haagen-Dazs, Annie's Homegrown, and Nature Valley, among others. The company's products encompass various categories, including cereals, yogurt, snack bars, meal kits, ready-to-eat meals, and frozen desserts. General Mills was founded in 1866 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 14 of 21
Sector: Food M&A 13 of 19
Type: Add-on Acquisition M&A Deals 12 of 17
Country: Brazil M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-03 Green Giant

Parsippany, New Jersey, United States

Green Giant is a provider of nutritious vegetable food products. Green Giant is based in Parsippany, New Jersey.

Sell $765M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 EPIC Provisions

Austin, Texas, United States

EPIC Provisions LLC is a category-creating meat snacks company. It manufactures and sells meat-based protein bars in the United States.

Buy -