Zepos & Yannopoulos has acted, along with Clifford Chance for its client Mondelēz International, a global snack company headquartered in Chicago, on its agreement to acquire Chipita S.A. Chipita S.A. is a high-growth key player in the Central and Eastern European croissants and baked snacks category, which produces its products in 13 factories and distributes to more than 50 countries.
Mondelēz International announced an agreement for the acquisition of Chipita S.A. for approximately $2 billion. The acquisition of Chipita S.A. builds on Mondelēz International’s continued expansion into fast-growing snacking segments.
On the Greek law aspects of the transaction, the project was led by Dr. Stefanos Charaktiniotis, partner and co-led by Antonis Giannakodimos, senior associate.