USA: General Mills to sell North American yoghurt business to Lactalis and Sodiaal
US food giant General Mills has entered into an agreement to sell its North American yoghurt business to leading French dairy companies Lactalis and Sodiaal for $2.1 billion. Lactalis will acquire the US division, while Sodiaal will acquire the Canadian division. The deal includes brands such as Yoplait, Liberte, Go-Gurt, Oui, Mountain High and Ratio, […]
USA: General Mills proposes sale of European Yoplait
General Mills, the US food giant, has announced a deal to sell its 51% controlling interest in European Yoplait S.A.S. to French dairy cooperative Sodiaal. The ‘memorandum of understanding’ set between both firms includes a reduced royalty rate for use of the Yoplait and Liberte brands in the United States and Canada, as well as […]
Gama Innovation Award: La Fontaine A Yaourt Yoghurt Drink
Gama Innovation Award – Packaging MANCHESTER – 27th June 2016: Bringing new dispensing technology to the yoghurt space, La Fontaine A Yaourt Yoghurt Drink is the recipient of this month’s Gama Innovation Award – Packaging. Literally translating as “The Yoghurt Fountain”, La Fontaine A Yaourt Yoghurt Drink fom France-based Yeo Frais (part of the Sodiaal group) is […]
China: Candia partners with Zhejiang International Business
Candia SA, which is part of French-based dairy cooperative Sodiaal, has signed a deal with Zhejiang International Business (ZIB) to distribute UHT milk and infant formula under the Candia brand in China. Focusing on Greater Shanghai and the Jiangsu and Zhejiang provinces, the joint venture will focus on four methods of distribution: retail stores under […]