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General Mills (GIS) offloads 51% controlling interest in its European Yoplait operations to Sodiaal as part of its Accelerate strategy.
General Mills is selling its European Yoplait business in exchange for full control of the same brand in Canada, a move that concentrates the company's yogurt enterprise in North America. The ...
General Mills' attempts to market Greek yogurt versions of Yoplait repeatedly failed. General Mills executives carefully studied these failures, concluded that what attracted consumers to Chobani was the charming authenticity of its rags-to-riches backstory, and decided to embrace the authenticity of the Yoplait brand's French heritage. [25]
At the end of 2010, Pineridge Group sold Liberté Natural Foods to the multinational yogurt producer Yoplait. [4] Liberté Natural Foods was subsequently renamed Liberté Inc. Yoplait is fully owned by French dairy cooperative Sodiaal after General Mills sold its controlling share back to Sodiaal, on 30 November 2021, which General Mills had ...
Early this morning, General Mills announced that earnings rose an impressive 35%, with a profit of $548.9 million. That's $0.82 per share, up from $0.61 per share in the same quarter last year.
Ultima continues to produce Yoplait-branded products at its Granby, Quebec plant, but these products are now marketed and sold by General Mills. [ 7 ] Simultaneously, Ultima Foods announced plans to begin producing and marketing its own brand of yogurt and fresh dairy products in Canada, starting in mid-August 2012, later revealed to be iögo ...
On January 29, 2010, General Mills announced that it was dropping the Colombo brand to focus more on its Yoplait yogurt. It ended shipments on February 12, 2010. [ 2 ] General Mills still produces soft-serve frozen yogurt under the Colombo name.
General Mills, Inc. (NYSE: GIS ) reported fourth-quarter earnings of 83 cents per share, which beat the analyst consensus estimate of 76 cents. This is a 5.06% increase over earnings of 79 cents ...