3Coracoes

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Brazil: General Mills offloads dough operations to 3Coracoes

March 19, 2026

Food, Latin America, Mergers & Acquisitions

General Mills, the US food giant, has entered into an agreement to sell its Brazil-based dough business to 3Coracoees, the largest coffee roaster in South America, for an undisclosed sum. The transaction includes the Carolina brand, the chilled dough and pasta segments of the Yoki brand, and a manufacturing facility in Ribeirao Preto. General Mills, which acquired the Yoki business in 2012 for approximately $900 million, will retain Yoki’s snacks …

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Brazil: 3Coracoes to acquire Cia Iguacu

March 18, 2016

Latin America, Manufacture & Distribution, Non-Alcoholic Drinks

The Brazilian coffee company 3Coracoes is set to acquire its smaller rival Cia Iguacu, which is part of the Japanese group Marubeni, according to a report in New Trade. 3Coracoes said the acqusition, which is subject to approval from competition authorities, would reinforce its market leading position in coffee products in Brazil, in particular strengthening its position in the “competitive” instant coffee category, where it said ti would now become …

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