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General Mills Finalizes Yoki Acquisition

General Mills announced the completion of its acquisition of Yoki Alimentos SA.

"Today marks a new beginning for General Mills in Brazil," said Sean Walker, General Mills senior vice president and president of its Latin America region. "Yoki has fantastic brands that have nourished Brazilian families for decades. We are honored that the family owners of Yoki are entrusting us with this fabulous business and its 5,300 people. We are poised to accelerate our growth in Brazil."

According to a release, the business will be managed by Walker, who also heads General Mills Brazil. …

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