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
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

Category Company
Founded 2000
Sector Food
Employees90,000
Revenue 36.4B USD (2024)
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 18
Sector: Food M&A 12 of 16
Type: Add-on Acquisition M&A Deals 9 of 12
Country: Greece M&A 1 of 1
Year: 2021 M&A 2 of 3
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
2021-05-31 Gourmet Food

Dandenong South, Australia

Gourmet Food manufactures, imports, and distributes premium crackers, sugar-free biscuits, and chilled and packaged seafood in Australia, New Zealand and other overseas markets. Gourmet Food is based in Dandenong South, Australia.

Buy AU$454M