M&A Deal Summary

Mondelez International Acquires Chipita

On May 26, 2021, Mondelez International acquired food company Chipita

Acquisition Highlights
  • This is Mondelez International’s 12th transaction in the Food sector.
  • This is Mondelez International’s 1st transaction in Greece.

M&A Deal Summary

Date 2021-05-26
Target Chipita
Sector Food
Buyer(s) Mondelez International
Deal Type Add-on Acquisition

Target

Chipita

Athens, Greece
website
Chipita is a manufacturer of packaged croissant and baked snacks, the company has a portfolio of iconic brands that among others include: 7Days, Chipicao, and Fineti. Chipita is based in Athens, Greece.

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Buyer(S) 1

Buyer

Mondelez International

Chicago, Illinois, United States

website


Category Company
Founded 2000
Sector Food
Employees91,000
Revenue 31.5B USD (2022)
DESCRIPTION

Mondelez International is a multinational confectionery, food, and beverage company. Mondelez was established in 2000 and is based in Chicago, Illinois.


DEAL STATS #
Overall 14 of 16
Sector (Food) 12 of 14
Type (Add-on Acquisition) 9 of 10
Country (Greece) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-22 Grenade

Solihull, United Kingdom

Grenade is a sports performance and energy business. Grenade offers a highly differentiated range of nutrition products with a unique brand that has significant international appeal. Grenade's products are sold in over 100 countries and across a multitude of channels. Grenade was established in 2010 and is based in Solihull, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-25 Grupo Bimbo - Ricolino

Mexico

Ricolino has four manufacturing facilities and distributes its products to several channels, including traditional trade, supermarkets, convenience stores, and others. Its iconic brands Ricolino, Vero, La Corona, and Coronado are leaders in lollipops, marshmallows, chocolates, gummies, and other confectionery products.

Buy $1.3B