Mondelēz International Acquires Majority Interest in Grenade

Mondelēz International Completes Acquisition of Clif Bar & Company

August 1, 2022

Food & Beverage

Mondelēz International has completed its acquisition of Clif Bar & Company for $2.9 billion plus additional contingent earnout consideration. The deal expands Mondelēz’s global snack bar business to more than $1 billion, adding brands such as CLIF, CLIF Kid and LUNA alongside Perfect Snacks and Grenade.

Mondelēz International Acquires Majority Stake in Give & Go

April 1, 2020

Food & Beverage

Mondelēz International agreed to acquire a significant majority interest in Give & Go Prepared Foods, the North American leader in fully-finished sweet baked goods, expanding Mondelēz's presence in the in-store bakery channel. The deal was sold by funds affiliated with Thomas H. Lee Partners, and Give & Go's senior management will retain a minority interest and continue to run the business from its existing headquarters.

Perfetti Van Melle Acquires Mondelēz International's Developed‑Market Gum Business

October 2, 2023

Food & Beverage

Perfetti Van Melle has completed the acquisition of Mondelēz International's developed‑market gum business across the United States, Canada and Europe (excluding Portugal pending Portuguese regulatory approval). The deal transfers brands such as Trident, Dentyne, Stimorol, Hollywood, V6, Chiclets, Bubbaloo and Bubblicious as well as manufacturing facilities in Rockford, Illinois and Skarbimierz, Poland to Perfetti Van Melle, significantly expanding its North American and European footprint.

Mondelēz International Acquires Hu (Hu Products)

January 4, 2021

Food & Beverage

Mondelēz International acquired Hu Master Holdings, the parent of Hu Products (Hu Kitchen), closing the transaction on January 4, 2021. Mondelēz — which had been a minority investor through its SnackFutures unit since 2019 — will operate Hu as a separate business to preserve the brand while providing resources to expand distribution, e-commerce and cross-category growth; financial terms were not disclosed.

Ferrero Group Acquires Bold Snacks

March 18, 2026

Food & Beverage

Ferrero Group has signed an agreement to acquire Bold Snacks, a Brazilian premium protein snack company. The transaction will bring Bold Snacks into Ferrero’s growing portfolio of better-for-you brands, with Ferrero taking over Bold Snacks’ office and factory in Divinópolis, Minas Gerais, where about 300 employees are expected to join Ferrero Brazil.

L'OCCITANE Group Acquires Majority Stake in Sol de Janeiro

November 15, 2021

Consumer Products

The L'OCCITANE Group has acquired an 83% indirect majority stake in Sol de Janeiro, a fast-growing US-founded premium body care and lifestyle beauty brand. The strategic acquisition expands L'OCCITANE's multi-brand portfolio and aims to leverage its international footprint to accelerate Sol de Janeiro's global growth across body care, fragrance and hair care channels.