General Mills has sold its yogourt business which features Yoplait and Liberté brands for $2.1 billion.
Sodiaal is buying the Canadian operations and Lactalis the business in the United States.
The U.S. plant has its head offices at Golden Valley, Minnesota.
The Canadian operations are centred at Ste. Hyacinthe, Que.
General Mills bought the company in 2011, paying $1.2 billion for 51 per cent of thee shares. The business was a co-operative started by dairy farmers in France.
Sodiall made another deal with General Mills in 2021 when it bought the Yoplait business in Europe.
Sodiaal has been in Canada since 1971, but this deal is a return to Canada.
Sodiaal is the leading French dairy cooperative, with 15,300 farmers spread across 72 departments and franchises in 40 countries.
