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... it was also named in reports as a bidder for 50% of french yoghurt maker yoplait but the stake that was eventually sold to general mills
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... it was also named in reports as a bidder for 50% of french yoghurt maker yoplait but the stake that was eventually sold to general mills
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... other companies represented will include aeon, carrefour, delhaize, general mills, grupo bimbo, kellogg, kraft, metro, pepsico, tesco, unilever and wal-mart
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... the abrupt departure of hershey chief dave west raised eyebrows this week; what will it mean for the confectionery giant? elsewhere in the us, general mills closed its acquisition of a controlling stake in global yoghurt brand yoplait, an announcement that tied in nicely with the launch of the latest just-food column - category crunch - which takes an in-depth look at specific food categories around the world ... france: general mills closes yoplait dealgeneral mills said today (18 may) that it has entered into a definitive agreement to purchase a controlling stake in french yoghurt maker yoplait for eur810m (us$1
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... general mills said today yesterday that it has entered into a definitive agreement to purchase a controlling stake in french yoghurt maker yoplait for eur810m (us$1 ... under the agreement with yoplait’s current owners, private-equity group pai partners and french dairy co-operative sodiaal, general mills with acquire a 51% stake in yoplait and a 50% stake in a related entity that holds the worldwide rights to the yoplait brand ... sodiaal, which founded yoplait, will hold the remaining interest in both groups and the business will be governed by a supervisory board with representation from the french co-op and general mills ... chris o’leary, chief operating officer for general mills’ international arm, will have management oversight responsibility for yoplait at the us company ... general mills originally announced in march that it had entered into exclusive negotiations to buy a controlling stake in yoplait ... the agreement also draws to a close a legal wrangle between general mills and sodiaal regarding the former’s rights to the yoplait brand in the us market ... general mills will continue to market yoplait in the us under the licence agreement, the company said
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... general mills should make expansion into international markets a priority for yoplait after it gained a controlling stake in the french yoghurt company earlier this week, according to a euromonitor analyst ... with the stake sealed at a cost of €810m, general mills can now turn its attention to the future direction of yoplait ... ” yoplait is especially strong in the us where general mills has held the license for the brand since 1977
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... cereal partners worldwide (cpw), a joint venture between general mills and nestlé, plans to invest chf35m (us$39
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... “i think dairy crest are also pretty happy to stay as they are,” he said, but added that, of the two dairy titans, he saw lactalis as a more likely bidder than müller, and cited its proactive recent bid to buy 50% of yoplait, despite its “bloody nose” and defeat to general mills
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... pai has received nine offers for its 50% stake in yoplait and, while the buyout house has refused to name the identity of the bidders, reports have linked the likes of nestle, general mills and lactalis to the race
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