by Kathy Hiebert, Senior Finance Manager, International Treasury, General Mills, Inc.
General Mills has enjoyed a long and illustrious history as a producer of favourite brands across the United States, but its international activities were relatively limited until two major acquisitions. The French company Yoplait, which sold yoghurt products across 70 countries, was acquired in 2011, and Yoki Alimentos, originally a multi-brand family-owned business from Brazil in 2012. Prompted by these acquisitions, General Mills has created a global treasury organisation that is equipped to support both its current international activities and future aspirations, as Kathy Hiebert, Senior Finance Manager, outlines.
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Key Points
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