General Mills Completes Sale of Business in Brazil to 3corações
General Mills Completes Sale of Business in Brazil to 3corações
General Mills, Inc. (NYSE: GIS) today announced it has completed the sale of its business in Brazil to 3corações. The divestiture encompasses a portfolio of leading local brands such as Yoki and Kitano, as well as supply chain facilities in Pouso Alegre and Campo Novo do Parecis.
This transaction represents further progress in General Mills’ efforts to reshape its portfolio by increasing its focus on brands and platforms that provide the strongest opportunities for profitable growth. Since fiscal 2018, General Mills has turned over approximately one-third of its net sales base through acquisitions and divestitures.
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About General Mills
General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Totino’s, Annie’s, Wanchai Ferry and more. General Mills generated fiscal 2026 net sales of U.S. $18 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1 billion. For more information, visit www.generalmills.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20260903536021/en/
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