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New Deal


Announced

Mondelez to acquire Gourmet Food from CPE Capital for c.A$400m.

Financials

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Transaction Value£221m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Single Bidder

Food Products

Friendly

health food

food

Private Equity

Pending

Australia

Cross Border

Private

Synopsis

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Mondelez, an American multinational food firm, agreed to acquire Gourmet Food, an investment firm focusing on opportunities in the international food and beverage industry, from CPE Capital, an experienced private capital manager, for c.A$400m ($304m). "This is a great strategic asset for us in a very important market. With our iconic biscuit brands such as Oreo and belVita, as well as our leadership in chocolate with Cadbury, this acquisition will accelerate our broader snacking leadership in Australia and New Zealand," Dirk Van de Put, Mondelēz Chairman and CEO.

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