Greece: Mondelez to buy snack maker Chipita for $2 billion
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 […]
India: Britannia forms joint venture with Greece’s Chipita
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 […]