Announced
Completed
Financials
Tags
Cross Border
food production
United States
Food Products
Friendly
Private
Single Bidder
Acquisition
Majority
Completed
Synopsis
Perfetti Van Melle, an operator of a global confectionery company, completed the acquisition of the gum business of Mondelēz International, a provider of snacks, for $1.35bn. “As we continue progressing our Vision 2030 focus and acceleration strategy, doubling down on our core snacking categories, we are pleased to transition our developed market gum business to a values-led, family-owned company whose portfolio is a strategic fit, and where our brands and people can thrive,” Dirk Van de Put, Mondelēz International Chairman and CEO.
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