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New Deal


Announced

Tiantu Capital to acquire Yoplait Dairy from General Mills for £34m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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yogurt

Friendly

Acquisition

Pending

China

Private Equity

Food Products

Private

Majority

Single Bidder

Synopsis

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Tiantu Capital, a Chinese private equity firm, is acquiring Yoplait Dairy, the china operation of yogurt brand, from General Mills, less than four years after General Mills first launched the brand in China, for £34m. General Mills also agreed with Tiantu Capital to license the latter for research and development, production, marketing and sales of Yoplait in mainland China, while General Mills will continue to hold the globally registered trademark.

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