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Mondelez to buy Greek snacking company Chipita for about $2 bln

Reuters2021-05-26

May 26 (Reuters) - Mondelez International Inc said on Wednesday it would buy Greek food company Chipita S.A. for about $2 billion, as the Cadbury chocolate-maker expands its fast-growing snacking business.

Chipita, which houses croissant and baked snack brands, including 7Days, Chipicao and Fineti, brought in about $580 million in revenue last year and is also expected to help Mondelez grow its presence in the Central and Eastern European markets.

Mondelez has been building up its snacking portfolio to cash in on the surge in demand from people staying at home during COVID-19 lockdowns.

Earlier this year, Mondelez acquired Australian food company Gourmet Food Holdings, healthy snacks maker Hu Master Holdings and also bought a majority stake in UK protein bar and snack company Grenade.

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  • Soksok
    ·2021-05-26
    Good 
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    ·2021-05-26
    Ok
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    • GSHGSH
      ok
      2021-05-26
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      Ok
      2021-05-26
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  • LEEQF
    ·2021-05-26
    Wow
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    • pokokoko
      nice
      2021-05-26
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    • LEEQF
      Thank u! Help me like pls
      2021-05-26
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  • Like and share
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  • TanDeZhou
    ·2021-05-26
    Nicee
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    • Faithc
      comment
      2021-05-26
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  • Erain1117
    ·2021-05-26
    Comment 
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    • dahae
      comment
      2021-05-26
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    ·2021-05-26
    .......
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  • Qwer1234
    ·2021-05-26
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    ·2021-05-26
    Like and comment
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      ok
      2021-05-26
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  • Pennyboy
    ·2021-05-26
    Ooo
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      Cool
      2021-05-26
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    • Pennyboy
      Thx
      2021-05-26
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  • Godchok
    ·2021-05-26
    Wow
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    • Pennyboy
      Nice
      2021-05-26
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      Thx
      2021-05-26
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  • zzcloud88zz
    ·2021-05-26
    Likey likey
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