Mondelez (MDLZ) to Acquire Evirth
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Mondelēz International to Acquire Evirth, a China Leader in Fast-Growing Cakes and Pastries
September 20, 2024 4:05 PM EDTSignificantly expands Mondelz investment in a China category leader for frozen-to-chilled cakes and pastries
Meets rising demand for fresh, premium offerings especially among younger consumers in top-tier citiesBuilds upon existing strategic partnership to launch new Oreo and Philadelphia branded product innovations and expand distribution
CHICAGO, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (Nasdaq: MDLZ) today announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions,... More
