Mondelez International to acquire a majority stake in Grenade.

Mondelez International, a food and beverage company, agreed to acquire a majority stake in Grenade, a sports performance and active nutrition brand. Financial terms were not disclosed. “Grenade’s great-tasting, on-trend products are a great platform for Mondelēz International in the UK market and beyond. This is another exciting opportunity to deliver on our strategy to be a global leader in broader snacking, including in the important area of well-being,” Dirk Van de Put, Mondelez International Chairman & Chief Executive Officer.