Mondelez International completed the acquisition of Give & Go from Thomas H. Lee Partners for $1.2bn.

Mondelez International, an American multinational confectionery, food, and beverage holding company, completed the acquisition of Give & Go, a producer and marketer of bakery products from Thomas H. Lee Partners, a private equity firm, for $1.2bn. “Our previous owner, THL, has been a great partner and invested significantly to grow our business. We are now very excited to be joining the Mondelēz International family and this amazing portfolio of iconic snack brands. There are significant opportunities for us to accelerate the growth of our business by utilizing Mondelēz International’s unique capabilities, and our shared desire to invest in innovation that drives consumer engagement and deeper strategic retail partnerships,” Joel Flatt, Give & Go President and CEO.