General Mills to sell Brazil business for $153M as it sharpens focus

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Dive Brief: General Mills plans to sell its business in Brazil to food and beverage owner 3corações for roughly $153 million ($800 million Brazilian Real) as the snack and cereal maker aims to boost its margins and sharpen its international focus. The Brazil business contributed approximately $350 million to General Mills’ fiscal 2025 net sales, which totaled $19.5 billi ...