M&A Deal Summary |
|
|---|---|
| Date | 2024-09-12 |
| Target | General Mills - U.S. Yogurt Business |
| Sector | Food |
| Buyer(s) | Groupe Lactalis SA |
| Sellers(s) | General Mills |
| Deal Type | Divestiture |
SEARCH BY
Groupe Lactalis is globally the largest dairy player, employing more than 54,000 people and operating in 70 countries through 200 factories. Lactalis develops well-known international brands such as Président, Galbani and Parmalat
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Food M&A | 7 of 7 |
| Type: Divestiture M&A Deals | 3 of 3 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-09-02 |
Athenos
Glenview, Illinois, United States Athenos produces specialty cheeses, Athenos Feta adds a creamy, tangy twist to so many dishes. Athenos is based in Glenview, Illinois. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Food |
| Employees | 34,000 |
| Revenue | 19.9B USD (2024) |
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 | 12 of 12 |
| Sector: Food M&A | 10 of 10 |
| Type: Divestiture M&A Deals | 11 of 11 |
| Country: United States M&A | 10 of 10 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-09-12 |
General Mills Canadian Yogurt Business
Saint-Hyacinthe, Quebec, Canada General Mills' Canadian Yogurt Business provides several yogurt brands including Yoplait and Liberté, as well as a manufacturing facility in Saint-Hyacinthe, Québec. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-11-14 |
Whitebridge Pet Brands - North American Premium Cat Feeding and Pet Treating Business
Chesterfield, Missouri, United States Whitebridge Pet Brands' North American Premium Cat Feeding and Pet Treating Business includes the Tiki Pets and Cloud Star portfolio of brands. Whitebridge Pet Brands' North American Premium Cat Feeding and Pet Treating Business is based in Chesterfield, Missouri. |
Buy | $1.5B |
