Mondelēz International Completes Acquisition of Clif Bar & Company, U.S. Leader in Fast-Growing Energy Bars
01 Agosto 2022 - 5:05PM
Mondelēz International, Inc. (Nasdaq: MDLZ) today announced it has
completed the acquisition of Clif Bar & Company, leading U.S.
maker of nutritious energy bars with organic ingredients.
The acquisition expands Mondelēz International’s global snack
bar business to more than $1 billion, with leading brands including
CLIF®, CLIF Kid® and LUNA® complementing the company’s refrigerated
snacking business Perfect Snacks in the U.S. and leading
performance nutrition business Grenade in the U.K. This acquisition
also advances the company’s strategy to reshape its portfolio to
deliver higher and sustainable growth.
“We are delighted to formally welcome Clif Bar & Company
into our Mondelēz International team,” said Dirk Van de Put,
Chairman & CEO of Mondelēz International. “We’re excited about
the opportunity to advance our shared passion for delivering
great-tasting snacks that help fuel busy lifestyles, while helping
to reduce our impact on the planet.”
Mondelēz International will continue to operate the Clif Bar
& Company business from its headquarters in Emeryville, Calif.,
with manufacturing operations in its facilities in Twin Falls,
Idaho, and Indianapolis, Ind.
The acquisition of Clif Bar & Company builds upon Mondelēz
International’s continued prioritization of fast-growing snacking
segments in key geographies. So far in 2022, Mondelēz International
announced an agreement to acquire Ricolino, Mexico’s leading
confectionary company, from Grupo Bimbo and closed and fully
integrated its acquisition of Chipita S.A., a leader in the Central
and Eastern European snack-size cakes and pastries category. This
progress followed a year of strong global snacking growth in 2021,
including the acquisitions of Grenade, a leading U.K. performance
nutrition company; Gourmet Food Holdings, a leading Australian food
company in the attractive premium biscuit and cracker category; and
Hu, a well-being snacking company in the U.S.
About Mondelēz InternationalMondelēz
International, Inc. (Nasdaq: MDLZ) empowers people to snack right
in over 150 countries around the world. With 2021 net revenues of
approximately $29 billion, MDLZ is leading the future of
snacking with iconic global and local brands such as Oreo, belVita
and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone
chocolate; Sour Patch Kids candy and Trident gum.
Mondelēz International is a proud member of the Standard and Poor’s
500, Nasdaq 100 and Dow Jones Sustainability Index. Visit
www.mondelezinternational.com or follow the company on Twitter at
www.twitter.com/MDLZ.
About Clif Bar & Company For 30 years,
Clif Bar & Company has crafted nutritious and organic food for
CLIF®, CLIF Kid®, and LUNA® brands. Through its Five Aspirations,
Clif Bar is committed to sustaining its people, community, planet,
brands, and business. For more information, please
visit www.clifbar.com, check us out
on Facebook, Instagram, Twitter,
and YouTube.
Forward-Looking Statements This press release
contains forward-looking statements. Words, and variations of
words, such as “will,” “may,” “expect” and similar expressions are
intended to identify these forward-looking statements, including,
but not limited to, statements about Mondelēz International’s
strategy and plans for growth. These forward-looking statements are
subject to a number of risks and uncertainties, many of which are
beyond Mondelēz International’s control, which could cause Mondelēz
International’s actual results to differ materially from those
indicated in these forward-looking statements. Please also see
Mondelēz International’s risk factors, as they may be amended from
time to time, set forth in its filings with the U.S. Securities and
Exchange Commission, including its most recently filed Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q. There may
be other factors not presently known to Mondelēz International or
which it currently considers to be immaterial that could cause
Mondelēz International’s actual results to differ materially from
those projected in any forward-looking statements it makes.
Mondelēz International disclaims and does not undertake any
obligation to update or revise any forward-looking statement in
this press release, except as required by applicable law or
regulation.
Contact: |
Tracey Noe
(Media) |
Shep Dunlap
(Investors) |
|
+1 847 943 5678 |
+1 847 943 5454 |
|
news@mdlz.com |
ir@mdlz.com |
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