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health food
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Synopsis
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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