General Mills Offloads US, Canadian Yogurt Divisions In $2.1B Deal Amid Competition And Market Challenges: Details
General Mills Offloads US, Canadian Yogurt Divisions In $2.1B Deal Amid Competition And Market Challenges: Details
General Mills, Inc. (NYSE:GIS) announced that it has signed definitive agreements to sell its North American yogurt business to Lactalis and Sodiaal, leading French dairy companies, for a total of $2.1 billion.
通用磨坊公司（纽约证券交易所代码：GIS）宣布，它已签署最终协议，将其北美酸奶业务出售给法国领先的乳制品公司Lactalis和Sodiaal，总额为21亿美元。
Under the agreements, Lactalis will acquire the U.S. yogurt business, while Sodiaal will take over the Canadian yogurt business. The transactions are anticipated to be completed by 2025, pending regulatory approvals and other standard closing conditions.
根据协议，Lactalis将收购美国酸奶业务，而Sodiaal将接管加拿大的酸奶业务。这些交易预计将于2025年完成，尚待监管部门批准和其他标准成交条件。
General Mills expects the combined transactions to be about 3 percent dilutive to adjusted earnings per share in the first year post-close, excluding transaction costs and one-time impacts. The company plans to use the net proceeds from the sales for share repurchases.
通用磨坊预计，不包括交易成本和一次性影响，合并后的交易将在收盘后的第一年摊薄调整后的每股收益约3％。该公司计划将销售的净收益用于股票回购。
In a May note, Bloomberg Intelligence analysts Jennifer Bartashus and Jibril Lawal cited increased competition from Danone (OTC:DANOY) and Chobani Inc., coupled with limited market penetration, as factors prompting discussions about exiting the U.S. yogurt market.
彭博情报分析师詹妮弗·巴塔舒斯和贾布里尔·拉瓦尔在5月份的报告中指出，来自达能（场外交易代码：DANOY）和乔巴尼公司的竞争加剧，加上市场渗透率有限，是引发关于退出美国酸奶市场的讨论的因素。
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General Mills is also turning its portfolio to growth elements such as premium pet food and organic snacks, the report added.
报告补充说，通用磨坊还将其产品组合转向增长元素，例如优质宠物食品和有机零食。
In 2021, General Mills transferred its European Yoplait operations to Sodiaal in exchange for the Canadian business and reduced royalty rates for the Yoplait and Liberte brands in the U.S. and Canada.
2021年，通用磨坊将其在欧洲的Yoplait业务移交给Sodiaal，以换取加拿大的业务，并降低了Yoplait和Liberte品牌在美国和加拿大的特许权使用费率。
According to Bartashus and Lawal, General Mills' U.S. retail yogurt business alone generated $1.4 billion in sales in the 12 months leading up to May 19, with Yoplait making up 87% of that total, Bloomberg added.
彭博社补充说，根据巴塔舒斯和拉瓦尔的说法，仅通用磨坊的美国零售酸奶业务在截至5月19日的12个月中就创造了14亿美元的销售额，其中Yoplait占总销售额的87％。
General Mills plans to provide additional details about the potential financial impact of the transactions when it reports its first-quarter results on September 18, 2024.
通用磨坊计划在2024年9月18日公布第一季度业绩时提供有关交易潜在财务影响的更多细节。
According to Benzinga Pro, GIS stock has gained over 10% in the past year. Investors can gain exposure to the stock via Invesco Food & Beverage ETF (NYSE:PBJ) and First Trust Nasdaq Food & Beverage ETF (NASDAQ:FTXG).
根据Benzinga Pro的数据，在过去的一年中，GIS的股票上涨了10％以上。投资者可以通过景顺食品饮料ETF（纽约证券交易所代码：PBJ）和第一信托纳斯达克食品和饮料ETF（纳斯达克股票代码：FTXG）获得股票敞口。
Price Action: GIS shares are trading lower by 0.88% to $72.48 at last check Thursday.
价格走势：周四最后一次检查时，GIS股价下跌0.88％，至72.48美元。
Image via Shutterstock
图片来自 Shutterstock
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