General Mills Completes Sale of Brazil Business to 3corações
General Mills has completed the sale of its Brazil business to 3corações, including brands such as Yoki and Kitano and supply-chain facilities in Pouso Alegre and Campo Novo do Parecis. The divestiture is intended to support the company’s Accelerate strategy by reshaping its portfolio and focusing on brands and platforms with the strongest opportunities for profitable growth.
Coverage (4)
- General Mills completes Brazil sale, expands Pillsbury frozen croissant range (millingmea.com)
- General Mills closes sale of Brazil food business (bakingbusiness.com)
- General Mills wraps up sale of Brazil business (foodbusinessnews.net)
- General Mills Completes Sale of Business in Brazil to 3corações (finance.yahoo.com)