Mondelēz International Acquires Majority Stake in Give & Go
April 1, 2020
Mondelēz International agreed to acquire a significant majority interest in Give & Go Prepared Foods, the North American leader in fully-finished sweet baked goods, expanding Mondelēz's presence in the in-store bakery channel. The deal was sold by funds affiliated with Thomas H. Lee Partners, and Give & Go's senior management will retain a minority interest and continue to run the business from its existing headquarters.
- Buyers
- Mondelēz International, Inc.
- Targets
- Give & Go Prepared Foods Corp
- Sellers
- Funds affiliated with Thomas H. Lee Partners (THL)
- Industry
- Food & Beverage
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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