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Mondelēz eats Chipita for $ 2 billion

Greek company specializing in baked goods (croissants and snacks) in Central-Eastern Europe

Mondelēz International announced the acquisition of Hellenic company Chipita Sa, a major player in the croissant and baked snack category in Central and Eastern Europe, for $ 2 billion. Chipita was founded in Greece over 40 years ago and generated $ 580 million in revenues in 2020. The acquisition will allow the American giant to significantly increase its presence in the fast growing markets of Central...

hef - 19119

EFA News - European Food Agency