Mondelēz International Acquires Majority Interest in Grenade

Mondelēz International Acquires Clif Bar & Company

August 1, 2022

Food & Beverage

Mondelēz International acquired Clif Bar & Company for $2.9 billion plus contingent consideration, closing the deal on August 1, 2022. The purchase brings the CLIF, LUNA and CLIF Kid brands into Mondelēz's portfolio, expanding its global snack bar business and strengthening its presence in the fast-growing health & wellness snacking segment.

Mondelēz International Acquires Majority Stake in Give & Go

April 1, 2020

Food & Beverage

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.

Perfetti Van Melle Acquires Mondelēz International's Developed‑Market Gum Business

October 2, 2023

Food & Beverage

Perfetti Van Melle has completed the acquisition of Mondelēz International's developed‑market gum business across the United States, Canada and Europe (excluding Portugal pending Portuguese regulatory approval). The deal transfers brands such as Trident, Dentyne, Stimorol, Hollywood, V6, Chiclets, Bubbaloo and Bubblicious as well as manufacturing facilities in Rockford, Illinois and Skarbimierz, Poland to Perfetti Van Melle, significantly expanding its North American and European footprint.

Mondelēz International Acquires Hu (Hu Products)

January 4, 2021

Food & Beverage

Mondelēz International acquired Hu Master Holdings, the parent of Hu Products (Hu Kitchen), closing the transaction on January 4, 2021. Mondelēz — which had been a minority investor through its SnackFutures unit since 2019 — will operate Hu as a separate business to preserve the brand while providing resources to expand distribution, e-commerce and cross-category growth; financial terms were not disclosed.

L'OCCITANE Group Acquires Majority Stake in Sol de Janeiro

November 15, 2021

Consumer Products

The L'OCCITANE Group has acquired an 83% indirect majority stake in Sol de Janeiro, a fast-growing US-founded premium body care and lifestyle beauty brand. The strategic acquisition expands L'OCCITANE's multi-brand portfolio and aims to leverage its international footprint to accelerate Sol de Janeiro's global growth across body care, fragrance and hair care channels.

The Hershey Company Acquires ONE Brands

September 23, 2019

Food & Beverage

The Hershey Company completed its acquisition of ONE Brands, LLC, a maker of low-sugar, high-protein nutrition bars, for $397 million (approximately $325 million net of tax benefits). The purchase expands Hershey's better-for-you snacking portfolio and is expected to be accretive to earnings in the first full year post-close.