Mondelez International completes deal for maker of refrigerated bars and bites

摘要

DEERFIELD, ILL. - Mondelez International, Inc. has completed the previously announced acquisition of a majority interest in Perfect Snacks, a Sorrento Valley, Calif.-based maker of refrigerated nutrition bars and bites. Financial terms of the transaction were not disclosed. The company plans to operate Perfect Snacks as a standalone business while supporting distribution and product development. "The Perfect Snacks majority acquisition further expands our leadership position in broader snacking, including the fast-growing segments of well-being and refrigerated snacking," said Glen Walter, executive vice-president and president of North America for Mondelez International. "We are excited to begin working with and supporting the Keith family to accelerate the brand's next chapter of growth as part of our existing portfolio of global and local brands."