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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