Chipita

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Greece: Mondelez to buy snack maker Chipita for $2 billion

June 1, 2021

Mondelez International, the snack and confectionery multinational, has announced the acquisition of Greek snacking company Chipita for approximately $2 billion. Chipita is a producer of salty and sweet snacks in Central and Eastern Europe, with a leading position in the production of packaged croissant and baked snacks, having a portfolio of brands that among others include 7Days, Chipicao, and Fineti. According to company’s statement, the acquisition will allow Mondelez business …

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India: Britannia forms joint venture with Greece’s Chipita

March 30, 2017

Asia Pacific, Food, Mergers & Acquisitions

Consumer goods manufacturer Britannia has announced a partnership agreement with Greek company Chipita to produce and market ready-to-eat croissants in India. According to India Retailing, the new joint venture company, which will have the name Britchip Foods Ltd, will be 60% held by Britannia and 40% held by Chipita. “The company has signed a joint venture agreement with Chipita SA, a Greek company for the purpose of developing, producing and selling …

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