Mondelez International completes acquisition of a significant majority interest in Give & Go

Date Closed

April 01, 2020

Lead Office

Toronto

On April 1, 2020, Mondelez International announced it has completed its previously announced agreement to acquire a significant majority interest in Give & Go from Thomas H. Lee Partners. Give & Go was sold by funds affiliated with Thomas H. Lee Partners. Mondelez International will operate Give & Go separately and Give & Go’s senior leadership team will retain a minority interest in the company and continue to run the business from their existing headquarters.

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).

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