Acquiring Company
Grupo 3corações
Acquired Company
General Mills
Ceará
MinneapolisManufacturingFood and BeverageAgriculture and FarmingRetailManufacturingFood and BeverageAgriculture and FarmingFood And BeverageRetailFood ProcessingDescription
Grupo 3corações has completed the acquisition of General Mills' Brazil business for $153 million. This deal includes popular brands such as Yoki and Kitano, alongside production facilities in Brazil. The acquisition significantly enhances Grupo 3corações' market presence and production capabilities. With this purchase, Grupo 3corações aims to solidify its position as a leading food company in Brazil.
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M&A Insights
Based on deal dataFrequently asked
Who acquired General Mills?
General Mills was acquired by Grupo 3corações, based in Ceará. The deal was reported on September 3, 2026. Grupo 3corações is Brazil’s largest coffee company, known for its extensive production and distribution network. The company focuses on expanding its presence across various food categories. Grupo 3corações is privately held and operates in Manufacturing.
When did Grupo 3corações acquire General Mills?
Grupo 3corações's acquisition of General Mills was reported on September 3, 2026. Grupo 3corações has completed the acquisition of General Mills' Brazil business for $153 million. This deal includes popular brands such as Yoki and Kitano, alongside production facilities in Brazil. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does General Mills do?
General Mills makes food the world loves. The company is guided by its Accelerate strategy to drive shareholder value by boldly building its brands, relentlessly innovating, unleashing its scale and being a force for good. It is publicly traded (GIS), operating in Manufacturing, and is based in Minneapolis.
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