On the Record · General Mills
General Mills acquisitions, on the record
The businesses General Mills bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
pet food business in EuropeWord for word“During the fourth quarter of fiscal 2024, we acquired a pet food business in Europe, for a purchase price of $ 434.5 million, net of cash acquired.” 10-K for 2024 | agreed acquisition | During the fourth quarter of fiscal 2024 | for a purchase price of $ 434.5 million, net of cash acquired |
TNT CrustWord for word“During the first quarter of fiscal 2023, we acquired TNT Crust, a manufacturer of high-quality frozen pizza crusts for regional and national pizza chains, foodservice distributors, and retail outlets, for a purchase price of $ 253.0 million.” 10-K for 2024 | acquisition | During the first quarter of fiscal 2023 | for a purchase price of $ 253.0 million |
Helper main meals and Suddenly Salad side dishes businessWord for word“During the first quarter of fiscal 2023, we completed the sale of our Helper main meals and Suddenly Salad side dishes business to Eagle Family Foods Group for $ 606.8 million and recorded a pre-tax gain of $ 442.2 million.” 10-K for 2024 | agreed divestiture | During the first quarter of fiscal 2023 | for $ 606.8 million |
European dough businessesWord for word“In fiscal 2022, we sold our European dough businesses and recorded a net pre-tax gain on sale of $ 30.4 million.” 10-K for 2024 | divestiture | In fiscal 2022 | — |
interests in Yoplait SAS, Yoplait Marques SNC, and Liberté Marques SàrlWord for word“During the third quarter of fiscal 2022, we sold our interests in Yoplait SAS, Yoplait Marques SNC, and Liberté Marques Sàrl to Sodiaal International (Sodiaal) in exchange for Sodiaal's interest in our Canadian yogurt business, a modified agreement for the use of Yoplait and Liberté brands in the United States and Canada, and cash.” 10-K for 2024 | divestiture | During the third quarter of fiscal 2022 | in exchange for Sodiaal's interest in our Canadian yogurt business, a modified agreement for the use of Yoplait and Liberté brands in the United States and Canada, and cash |
Tyson Foods' pet treats businessWord for word“During the first quarter of fiscal 2022, we acquired Tyson Foods' pet treats business for $ 1.2 billion in cash.” 10-K for 2024 | acquisition | During the first quarter of fiscal 2022 | for $ 1.2 billion in cash |
NX Pet Holding, Inc., representing Whitebridge Pet Brands' North American premium cat feeding and pet treating businessWord for word“During the third quarter of fiscal 2025, we acquired NX Pet Holding, Inc., representing Whitebridge Pet Brands’ North American premium cat feeding and pet treating business, for a purchase price of $ 1.4 billion (Whitebridge Pet Brands acquisition).” 10-K for 2025 | acquisition | During the third quarter of fiscal 2025 | $ 1.4 billion |
Canada yogurt business (sold to Sodiaal)Word for word“During fiscal 2025, we completed the sale of our Canada yogurt business for $242 million cash.” 10-K for 2025 | divestiture | During fiscal 2025 | $242 million |
United States yogurt business (to Lactalis)Word for word“Subsequent to the end of fiscal 2025, the regulatory review for the sale of our United States yogurt business to Lactalis was completed, and the transaction was cleared to close subject to completion of other customary closing conditions.” 10-K for 2025 | agreed divestiture | — | — |
a pet food business in EuropeWord for word“During the fourth quarter of fiscal 2024, we acquired a pet food business in Europe, for a purchase price of $ 434.1 million, net of cash acquired.” 10-K for 2025 | acquisition | During the fourth quarter of fiscal 2024 | $ 434.1 million |
Helper main meals and Suddenly Salad side dishes business (sold to Eagle Family Foods Group)Word for word“During the first quarter of fiscal 2023, we completed the sale of our Helper main meals and Suddenly Salad side dishes business to Eagle Family Foods Group for $ 606.8 million and recorded a pre-tax gain of $ 442.2 million.” 10-K for 2025 | divestiture | During the first quarter of fiscal 2023 | $ 606.8 million |
business in BrazilWord for word“During the fourth quarter of fiscal 2026, we entered into a definitive agreement to sell our business in Brazil to Café Três Corações S.A. (3corações) for a base price of R$ 800.0 million , subject to certain specified deductions and customary post-closing adjustments.” 10-K for 2026 | agreed divestiture | During the fourth quarter of fiscal 2026 | R$ 800.0 million |
United States yogurt businessWord for word“During the first quarter of fiscal 2026 , we completed the sale of our United States yogurt business to Groupe Lactalis S.A. and recorded a pre-tax gain of $ 1,046.5 million .” 10-K for 2026 | divestiture | During the first quarter of fiscal 2026 | — |
Canada yogurt businessWord for word“During the third quarter of fiscal 2025 , we completed the sale of our Canada yogurt business to Sodiaal International and recorded a pre-tax gain of $ 95.9 million .” 10-K for 2026 | divestiture | During the third quarter of fiscal 2025 | — |
NX Pet Holding, Inc. (Whitebridge Pet Brands' North American premium cat feeding and pet treating business)Word for word“During the third quarter of fiscal 2025 , we acquired NX Pet Holding, Inc., representing Whitebridge Pet Brands’ North American premium cat feeding and pet treating business, for a purchase price of $ 1.4 billion (Whitebridge Pet Brands acquisition).” 10-K for 2026 | acquisition | During the third quarter of fiscal 2025 | $ 1.4 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2017-05-28 | $0 | $17.5 million | $0 |
| 2018-05-27 | $8.04 billion | $0 | $5.29 billion |
| 2019-05-26 | $0 | $26.4 million | — |
| 2020-05-31 | $0 | $0 | — |
| 2021-05-30 | — | $2.9 million | — |
| 2022-05-29 | — | $74.1 million | $762.3 million |
| 2023-05-28 | — | $633.1 million | $156.8 million |
| 2024-05-26 | — | $0 | $345 million |
| 2025-05-25 | — | $241.8 million | $1.09 billion |
| 2026-05-31 | — | $1.83 billion | — |
Deal filings since 2016
- 2024-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-24 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-02-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from General Mills’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-07-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.