General Mills has closed the sale of its business in Brazil to 3corações, a divestiture that includes local brands such as Yoki and Kitano along with supply chain facilities in Pouso Alegre and Campo Novo do Parecis. The transaction marks further progress in the company's portfolio reshaping, which has turned over approximately one-third of its sales base since fiscal 2018 through acquisitions and divestitures. Among the divested businesses are La Salteña refrigerated dough in Argentina, European Yoplait, Helper and Suddenly Salad, European dough operations, and its Canadian and U.S. yogurt businesses, with the U.S. yogurt sale alone representing about $1.2 billion of fiscal 2025 sales. Simultaneously, General Mills added major pet-food assets including Blue Buffalo and Tyson Foods' pet-treats business.
General Mills IncGeneral Mills closed the sale of its Brazil business to 3corações as part of ongoing portfolio reshaping via divestitures and acquisitions.
Tyson Foods Inc
