tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

General Mills completes sale of U.S. Yogurt business to Lactalis

General Mills (GIS) has completed the sale of its U.S. Yogurt business to Lactalis. The divestiture includes the U.S. operations of several yogurt brands including Yoplait, Go-Gurt, Oui, Mountain High, and :ratio, as well as manufacturing facilities in Murfreesboro, Tenn. and Reed City, Mich. The U.S. Yogurt business contributed approximately $1.2B to General Mills’ fiscal 2025 net sales. The company expects to use the net proceeds from the transaction for share repurchases and debt reduction.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1