“Today marks a new beginning for General Mills in Brazil,” said Sean Walker, senior vice-president and president of General Mills’ 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.”
The business will be managed by Mr. Walker, who also heads General Mills Brazil. He will be joined by a leadership team consisting of key managers from both General Mills and Yoki.
Yoki’s performance will be included in General Mills’ results beginning in its second quarter of this fiscal year.
