Mondelez buys Toronto-based maker of two-bite brownies for US$1.2 billion

February 26, 2020 Facebook Twitter LinkedIn Google+ Deal Flow

Mondelez Give & Go

Mondelez Give & GoMondelez International announced plans to buy Canadian owner of the two-bite brownies brand from the private equity firm Thomas H. Lee Partners for up to US$1.2 billion.

Toronto-based Give & Go Prepared Foods Corp. was founded in 1989 and now has 1,500 employees, its brands include Kimberley’s Bakeshoppe and Mason St. Bakehouse.

Thomas H. Lee Partners bought Give & Go in 2016 from Omers Private Equity. Give & Go has since acquired Create-A-Treat Ltd., Nafta Foods & Packaging Inc. and Uncle Wallace’s Bake Shoppe to help build up the company.


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