We study the phase transitions of N-component generalized helimagnets.
In the neighborhood of two dimensions, a D = 2 + epsilon renormalizat
ion group study reveals a rich fixed point structure as well as a nema
ticlike phase with partial spin ordering. In the physical case N = 3,
relevant to real magnets with noncollinear ordering, we show that this
implies an XY-like transition between the ordered phase and the nemat
iclike phase. A non-Abelian mean-field calculation is shown to lead to
the same picture but then the principal chiral fixed point, which had
been proposed earlier as the relevant fixed point for D = 3 helimagne
ts, plays no role due to the appearance of a first-order line.