Successful completion of Lactalis USA Acquisition of General Mills U.S. Yogurt Business
1. Lactalis USA acquires General Mills' yogurt business for $1.2 billion. 2. The acquisition includes 1,000 employees and two manufacturing facilities. 3. Lactalis aims to invest in the newly formed Midwest Yogurt division. 4. The acquisition strengthens Lactalis' position in the U.S. yogurt market. 5. New growth opportunities for Lactalis expected through popular Yoplait integration.