AccueilActualitésNewSodiaal announces an agreement with General Mills to acquire the activities of Yoplait and Liberté in Canada

04/10/24

Sodiaal announces an agreement with General Mills to acquire the activities of Yoplait and Liberté in Canada

We are proud to announce that Sodiaal has reached an agreement with General Mills for the acquisition of Yoplait and Liberté’s operations in Canada!

Following our successful acquisition of Yoplait’s operations in Europe and the brands Yoplait and Liberté worldwide in 2021, this transaction strengthens our consumer segment, with a balanced portfolio of diversified and successful brands marketed under Yoplait and Liberté – which are highly valued by Canadian consumers since 1971, in a market with strong growth potential.

This is a key step in our branding and international development strategy, as part of our plan ‘Growing Together’. The takeover of Yoplait’s operations in Canada provides an additional tool to create value for our farmers.

The cooperative take a new strategic direction, focusing on collective strength, operational excellence, added value through its brands and internationalisation.The strength of the cooperative’s brands and the wealth of its expertise are a powerful lever for in creasing its global presence. Its market share in all areas of the dairy business and, ultimately, for securing the future of the French dairy industry through a stronger and more efficient organisation.

The Canadian market, known for its dynamic consumer base and growing demand for high-quality dairy products, presents a significant opportunity for Sodiaal. By bringing Yoplait and Liberté’s operations under our umbrella, we aim to leverage this market growth potential to better meet consumer expectations and needs. Our diverse product offerings will be strategically positioned to cater to a wide range of preferences and dietary requirements, further solidifying our presence in the region.

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