2025’s Mega Dairy Deals: $6B+ in M&A Activity

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Lactalis, Fonterra, Unilever, and European cooperatives reshape global dairy landscape through transformational acquisitions, spin-offs, and strategic mergers totaling billions. General Mills’ $2.1 billion divestment of its North American yogurt business marked one of 2025’s defining “elephant deals,” fundamentally reshaping the continent’s yogurt competitive landscape as the CPG major refocused on core segments including pet food,…