M&A Deal Summary

Mondelez International Acquires Evirth

On September 20, 2024, Mondelez International acquired food company Evirth

Acquisition Highlights
  • This is Mondelez International’s 16th transaction in the Food sector.
  • This is Mondelez International’s 1st transaction in China.

M&A Deal Summary

Date 2024-09-20
Target Evirth
Sector Food
Buyer(s) Mondelez International
Deal Type Add-on Acquisition

Target

Evirth

Shanghai, China
Evirth is a manufacturer of frozen-to-chilled cakes and pastries. Evirth provides mille crepe cakes, Swiss cake rolls, mousse cakes, cheesecakes, puffs, daifuku, snowy mooncakes, cookies, and related products for membership clubs, retail chains, catering chains, new media retailers and other channels who serve great food. Evirth was formed in 2013 and is headquartered in Shanghai, China.

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Buyer(S) 1

Buyer

Mondelez International

Chicago, Illinois, United States

Category Company
Founded 2000
Sector Food
Employees91,000
Revenue 36.0B USD (2023)
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 18 of 18
Sector (Food) 16 of 16
Type (Add-on Acquisition) 12 of 12
Country (China) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-20 Clif Bar

Emeryville, California, United States

Clif Bar provides crafted nutritious and organic food for CLIF®, CLIF Kid®, and LUNA® brands. Clif Bar was founded in 1992 and is based in Emeryville, California.

Buy $2.9B