Mondelez International to acquire a significant majority interest in Give & Go
On February 25, 2020, Mondelez International announced an agreement to acquire a significant majority interest in Give & Go from Thomas H. Lee Partners. Give & Go will be sold by funds affiliated with Thomas H. Lee Partners. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2020.
Mondelez International, Inc., headquartered in Deerfield, Illinois, is an American multinational confectionery, food and beverage conglomerate, employing around 100,000 people around the world.
Give & Go Prepared Foods Corp, headquartered in Etobicoke, Ontario, is a North American leader in fully-finished baked goods and owns the “two-bite” and “Create-A-Treat” brands.
McCarthy Tétrault LLP advised Mondelez International with a team led by Matthew Kelleher that included Rachel Wasserman, Victoria Zed, Sarah Ferguson, Judy Tian and Tyler Hawley (Corporate); Stephanie Morand, Douglas Cannon, Kabir Jamal, Justin Shoemaker and Wendy Brousseau (Tax); Justine Lindner (Employment); Kelleher Lynch (Pensions and Benefits); Joanna Rosengarten (Environmental); Ben Lai, Vincent Yip and Michael Scherman (Technology); Carmen Francis and Martha Harrison (Regulatory); Jamie Orzech (Real Property); Debbie Salzberger and Michael Caldecott (Competition).