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General Mills Inc. has agreed to sell its European dough businesses to Cérélia, a provider of ready-to-bake dough solutions, according to a press release. The proposed transactions would include General Mills branded and private label dough businesses in Germany, the U.K. and Ireland, including the Knack & Back and Jus-Rol brands.
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General Mills (NYSE: GIS) today announced that it has agreed to sell its European dough businesses to Cérélia, a global leader in ready-to-bake dough solutions. The proposed transactions would include General Mills branded and private label dough businesses in Germany, the UK, and Ireland, including the Knack Back and Jus-Rol brands. Each of the …
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General Mills is a leading global food company whose purpose is to make food the world loves. Its brands include Cheerios, Annie's, Yoplait, Nature Valley, Häagen-Dazs, Betty Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki, BLUE and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2020 net sales of U.S ...
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Growth- and margin-accretive transaction to advance General Mills' portfolio reshaping strategy General Mills (NYSE: GIS) today announced that it has entered into a memorandum of understanding to sell its 51 percent controlling interest in Yoplait S.A.S. to Sodiaal, a leading French dairy cooperative, in exchange for full ownership of the Canadian …
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PARIS – The Cerelia Group has agreed to acquire General Mills, Inc.'s European dough businesses. Terms of the agreement were not disclosed. The proposed acquisition includes General Mills' branded and private label dough businesses in Germany, Ireland and the United Kingdom. Both the Knack & Back and Jus-Rol brands also are a part of …
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Nyon, Switzerland is home to our Europe and Australia (EUAU) region headquarters. Our core markets are in France, the UK and Australia. We have commercial operations in Spain, Germany, Greece, Sweden and Eastern Europe. Additionally we have manufacturing operations in France, Spain, Greece and Australia.
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During his tenure, Mr. Church led the integration of the Pillsbury and General Mills manufacturing logistics networks. More recently, he oversaw the divestiture of the company's European Yoplait business. He is the lead director for the supervisory board of Cereal Partners Worldwide, General Mills' joint venture with Nestlé.
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In the period ended Nov. 28, General Mills net income was $597.2 million, equal to 98¢ per share on the common stock, down 13% from $688.4 million, or $1.12 per share, in the first quarter last year. Net sales were $5.024 billion, up 6%. "We continued to compete effectively and execute well this quarter in a challenging operating environment ...
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General Mills reported fiscal second-quarter 2022 results on Dec. 21. Revenue grew 6.4% year-over-year to just over $5 billion, beating Wall Street analysts' estimates by $163 million. However, adjusted earnings per share of 99 cents compared unfavorably to $1.06 in the prior-year quarter and was 6 cents less than expected.
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General Mills has a market-leading parental leave scheme. 'Primary careers' receive 26 weeks leave on full pay, irrespective of whether you are , male, transgender, married, in a same- relationship, adopt or give birth. Additionally, parents maintain employer pension contributions while on parental leave.
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General Mills: A U.S.-based food company. We serve the world by making food people love, providing quality brands in more than 100 countries on six continents. Welcome to Global Site ASK US ABOUT OUR FOODCHANGE COUNTRYWelcome to Global Site Company Leadership History Our websites Working with us Publications Brands Careers Responsibility
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Company Description: General Mills Eastern Europe s.r.o. is located in Praha 4 - Kunratice, Czech Republic and is part of the Advertising, Public Relations, and Related Services Industry. General Mills Eastern Europe s.r.o. has 3 employees at this location and generates $285,513 in sales (USD). There are 414 companies in the General Mills Eastern Europe s.r.o. corporate …
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General Mills Completes Sale of European Yoplait Operations November 30, 2021 MINNEAPOLIS-- (BUSINESS WIRE)-- General Mills (NYSE: GIS) today announced that it has completed the sale of its 51 percent controlling interest in its European Yoplait operations.
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General Mills has completed the sale of its 51% controlling interest in its European Yoplait operations. As part of the transaction with Sodiaal, which was initially announced in March, General Mills acquired full ownership of the Canadian Yoplait business. General Mills will also now operate with a reduced royalty rate for use of the Yoplait ...
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General Mills markets its products in more than 90 countries worldwide, with much of this activity stemming from two joint ventures: a 50-50 enterprise with Nestle S.A. called Cereal Partners Worldwide, which makes and sells ready-to-eat cereals outside North America; and Snack Ventures Europe, a venture with PepsiCo, Inc. 40.5 percent owned by ...
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MINNEAPOLIS — General Mills, Inc. is restructuring its organization to better align with new growth objectives. Jeffrey L. Harmening, chairman and chief executive officer, discussed recent changes to the leadership team during a May 20 virtual presentation at the BMO Capital Markets Farm to Market Conference. Dana M. McNabb will step into the newly created …
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Dana McNabb, President, U.S. Cereal, promoted to Group President, Europe & Australia segment, effective January 1, 2020. MINNEAPOLIS-- (BUSINESS WIRE)-- General Mills (NYSE: GIS) announced today several changes to its senior leadership team. The changes reflect a thoughtful and strategic approach to long-term growth and succession planning for ...
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On November 24, 2021, Cerelia SASU acquired food company General Mills - European Dough Businesses from General Mills, Inc. Acquisition Highlights. This is Cerelia SASU's 3rd transaction in the Food sector. This is Cerelia SASU's 1st transaction in Germany.
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General Mills EUAU is an emerging commercial powerhouse featuring some of the world's most popular brands. Combining the scope of a global company with the welcoming feel of a growing enterprise, we offer opportunities to team with and manage industry-leading professionals as you grow your career.
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