{"id":55298,"date":"2026-03-18T11:48:15","date_gmt":"2026-03-18T11:48:15","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&p=55298"},"modified":"2026-03-18T11:55:00","modified_gmt":"2026-03-18T11:55:00","slug":"kla-advises-general-mills-on-the-sale-of-yoki-and-kitano","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/kla-advises-general-mills-on-the-sale-of-yoki-and-kitano\/","title":{"rendered":"KLA Advises General Mills on the Sale of Yoki and Kitano"},"content":{"rendered":"

KLA Advogados advised multinational General Mills on the sale of its Brazilian operations to Grupo 3 Cora\u00e7\u00f5es. The transaction includes a portfolio of highly relevant brands in the Brazilian market, such as Yoki and Kitano.<\/strong><\/p>\n

<\/p>\n

According to General Mills, the sale reinforces the company\u2019s priority to reshape its portfolio to drive long-term profitable growth, in line with its global strategy.<\/p>\n

The deal is also noteworthy for its significance to the Brazilian food market, involving leading brands and expanding Grupo 3 Cora\u00e7\u00f5es\u2019 portfolio beyond coffee. Yoki offers products such as farofa and popcorn, while Kitano is a reference in seasonings.<\/p>\n

Among these brands, Yoki had been acquired by General Mills in 2012 from a family of Japanese immigrants, and at that time, General Mills was also advised by KLA Advogados.<\/p>\n

At KLA, the current transaction was led by partner Melissa Kan\u00f4, with the participation of attorneys Rodrigo C\u00e2ndido, Carlos Souto, and Helena Guerra, all from the Corporate, Mergers & Acquisitions practice, as well as Marcelo Laplane from the Antitrust practice.<\/p>\n

General Mills also relied on Goldman Sachs as M&A advisor and Trench Rossi Watanabe as tax counsel, under the leadership of partner Clarissa Machado.<\/p>\n

Grupo 3 Cora\u00e7\u00f5es, in turn, was advised by attorneys Jos\u00e9 Antonio Miguel Neto and Juliana Honda from Miguel Neto Advogados, and by Deutsche Bank as M&A advisor.<\/p>\n

The transaction remains subject to applicable regulatory approvals.<\/p>\n

Links to the news:<\/p>\n

https:\/\/investors.generalmills.com\/press-releases\/press-release-details\/2026\/General-Mills-to-Sell-\u2026<\/a><\/p>\n

https:\/\/www.businesswire.com\/news\/home\/20260317670348\/en\/General-Mills-to-Sell-its-Business-in-Braz\u2026<\/a><\/p>\n

https:\/\/www.estadao.com.br\/economia\/grupo-3-coracoes-compra-operacoes-general-mills-brasil-800-milh\u2026<\/a><\/p>\n

https:\/\/br.investing.com\/news\/company-news\/general-mills-vende-operacao-no-brasil-para-3coracoes-93\u2026<\/a><\/p>\n

https:\/\/pipelinevalor.globo.com\/negocios\/noticia\/pipoca-com-cafe-favorita-3coracoes-leva-a-yoki-da-\u2026<\/a><\/p>\n

https:\/\/istoedinheiro.com.br\/grupo-3coracoes-compra-operacoes-da-general-mills-no-brasil-por-r-800-\u2026<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-55298","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/55298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=55298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}