K&P advised Chipita S.A. with regards to its $2 billion acquisition by Mondelēz International Inc.

Athens, 2 June 2021 - Karatzas & Partners advised Chipita S.A., one of the largest producers of salty and sweet snacks in Central and Eastern Europe, with regards to its $2 billion acquisition by Mondelēz International Inc., one of the world’s leading snacking companies, with presence in over 150 countries.

The transaction is one of the largest in terms of selling value in the Greek Market and its completion is subject to the relevant antitrust approvals. The perimeter of the transaction does not include P.G. Nikas S.A., a meat-processing business, or Chipita S.A.’s minority interest in its Indian joint venture.