M&A Deal Summary

Nestlé Acquires Kraft Foods - North American Pizza Business

On January 5, 2010, Nestlé acquired food company Kraft Foods - North American Pizza Business from Mondelez International for 3.7B USD

Acquisition Highlights
  • This is Nestlé’s 3rd transaction in the Food sector.
  • This is Nestlé’s 4th largest (disclosed) transaction.
  • This is Nestlé’s 6th transaction in the United States.

M&A Deal Summary
Date 2010-01-05
Target Kraft Foods - North American Pizza Business
Sector Food
Buyer(s) Nestlé
Sellers(s) Mondelez International
Deal Type Divestiture
Deal Value 3.7B USD

Target

Kraft Foods - North American Pizza Business

United States
Kraft Foods - North American Pizza Business includes the DiGiorno, Tombstone and Jack's brands in the United States, the Delissio brand in Canada and the California Pizza Kitchen trademark license. It also includes two Wisconsin manufacturing facilities (Medford and Little Chute) and the right to take on the leases for the pizza depots and delivery trucks.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Nestlé

Vevey, Switzerland
Category Company
Founded 1866
Sector Food
Employees270,000
Revenue 93.4B CHF (2023)
DESCRIPTION

Nestlé is a large food, beverage, and consumer products company. The Company has more than 2000 brands amongst its portfolio and operates globally. Nestlé was originally established in 1866 and is based in Vevey, Switzerland.

DEAL STATS #
Overall 7 of 21
Sector (Food) 3 of 9
Type (Divestiture) 1 of 4
Country (United States) 6 of 14
Year (2010) 1 of 3
Size (of disclosed) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-19 Vitality Beverages

Tampa, Florida, United States

Vitality Beverages, Inc., headquartered in Tampa, Florida, is a leading provider of beverage solutions to the foodservice industry worldwide. What sets Vitality apart is its ability to provide foodservice operators with complete beverage programs including innovative dispensing equipment, a wide assortment of beverages, beverage sales experts, and a dedicated service network. Foodservice operators have counted on Vitality to help them serve top quality beverages including juices, teas, coffees, cocktail and smoothie mixes, innovative specialty drinks and much more.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-26 PowerBar

Glendale, California, United States

PowerBar was created by athletes, for athletes. Company started PowerBar to help athletes reach their goals by providing nutrition tools for optimum athletic performance.

Buy -

Seller(S) 1

SELLER

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 6 of 10
Sector (Food) 4 of 7
Type (Divestiture) 6 of 9
Country (United States) 5 of 9
Year (2010) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-23 Kraft - Strathmerton Unit

Strathmerton, Australia

Kraft's Strathmerton Unit is a processed cheese manufacturer located in Strathmerton, Australia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-19 Cadbury

Birmingham, United Kingdom

Cadbury Ltd. is a UK producer of confectionary products. The Company was formed in 1824 and is based in Birmingham.

Buy £11.5B
Mergr

Product

Company

Legal