Mondelez buys Toronto-based maker of two-bite brownies for US$1.2 billion
February 26, 2020
Deal Flow
Have you ever wondered the agencies brands are working with?
Who is their Agency of Record (AOR)?
Mondelez 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.
