The proposed transactions would include General Mills branded and private label dough businesses in Germany, the UK, and Ireland, including the Knack & Back and Jus-Rol brands.Įach of the transactions is expected to close by the end of fiscal 2022, with the German transaction subject to appropriate labor consultations, regulatory approvals, and other customary closing conditions. ![]() Financial terms of the deal were not disclosed. (RTTNews) - General Mills (GIS) announced Wednesday that it has agreed to sell its European dough businesses to Cérélia, a global leader in ready-to-bake dough solutions.
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