{"id":453823,"date":"2021-03-09T09:08:12","date_gmt":"2021-03-09T14:08:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=453823"},"modified":"2021-03-09T09:08:12","modified_gmt":"2021-03-09T14:08:12","slug":"mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/","title":{"rendered":"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings"},"content":{"rendered":"<div class=\"mw_release\">\n<ul type=\"disc\">\n<li>Enters fast-growing premium and well-being cracker segment<\/li>\n<li>Provides attractive platform to drive broader biscuit portfolio in Australia and New Zealand<\/li>\n<\/ul>\n<p align=\"justify\">CHICAGO, March  09, 2021  (GLOBE NEWSWIRE) &#8212; Mondel\u0113z International (Nasdaq: MDLZ) today announced it has entered into an agreement to acquire Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cracker category. Terms of the transaction were not disclosed.<\/p>\n<p align=\"justify\">Gourmet Food\u2019s brands, including <em>OB finest, Olina\u2019s Bakehouse<\/em> and <em>Crispbic<\/em>, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand (ANZ) through on-trend innovations, including health and well-being offerings.<\/p>\n<p align=\"justify\">\u201cThis is a great strategic asset for us in a very important market,\u201d said Dirk Van de Put, Chairman and CEO of Mondel\u0113z International. \u201cWith our iconic biscuit brands such as <em>Oreo <\/em>and<em> belVita<\/em>, as well as our leadership in chocolate with <em>Cadbury,<\/em> this acquisition will accelerate our broader snacking leadership in Australia and New Zealand.\u201d<\/p>\n<p align=\"justify\">Oliver Flint, current Chief Operating Officer, has been appointed as Gourmet Food\u2019s Managing Director while co-founder and CEO Todd Wilson will remain with the business as an advisor. Mondel\u0113z International will provide Gourmet Food with resources to accelerate growth, while leveraging its manufacturing, research and development capabilities.<\/p>\n<p align=\"justify\">\u201cWith fast-growing premium and well-being products, strong customer relationships and agile, local manufacturing, these brands will be a great complement to our local portfolio,\u201d said Maurizio Brusadelli, EVP &amp; President, Asia Pacific, Middle East and Africa, Mondel\u0113z International. \u201cWe are excited to welcome Oliver, Todd and the entire Gourmet Food team to our organization.\u201d<\/p>\n<p align=\"justify\">Included in the transaction is Gourmet Food\u2019s prepackaged seafood business including the Ocean Blue brand. There are no closing conditions and the transaction is expected to close in April.<\/p>\n<p>\n        <strong>About Mondel\u0113z International<\/strong><br \/>\n        <br \/>Mondel\u0113z International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2020 net revenues of approximately $27 billion, MDLZ is leading the future of snacking with iconic global and local brands such as <em>OREO<\/em>, <em>belVita<\/em> and <em>LU<\/em> biscuits; <em>Cadbury Dairy Milk<\/em>, <em>Milka<\/em> and <em>Toblerone<\/em> chocolate; <em>Sour Patch Kids<\/em> candy and <em>Trident<\/em> gum. Mondel\u0113z International is a proud member of the Standard and Poor\u2019s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=k7JCLEBUEga5aCAaPytfPTd6a7d_WLgZilmmjnonyTGcsMH_AEWEt7AjWIoOnNKHDdvU8pa7nvrRXVR1MfGhGoiSZiQKMleR-2qm8ow6aTw1geZ_DYvH6_bYfC2Lqh3L\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.mondelezinternational.com<\/a> or follow the company on Twitter at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hhbSPntH1MgrQGp6mH1xWvuhQE-zRx0DJR46bEpzkiAl4gkjvsdPliD6suyX34WrAXyV_J-H4UV4l7EEujrfLBU9J4lXBGy5e4Tzzgf1fbw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.twitter.com\/MDLZ<\/a>.<\/p>\n<p><strong>About Gourmet Foods <\/strong><br \/>Gourmet Food is the leading manufacturer and distributor of premium entertaining food products. It is one of the fastest growing food businesses in Australia and is the market leader across its core categories. Gourmet Food operates from Melbourne, Australia, manufacturing one of the largest and most diverse range of premium cracker products under one roof. Visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RqhGi7lPZmWXcHOKSFOI4R7tNOKmoG1valTCy9zQgIyHvBG3wApmMk6j_AEWst_G3LDoI3CYgEG6GIeRMAs8QW83v8taYka05IZsah-V3TA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">gourmetfood.com.au<\/a>.<\/p>\n<p><strong>Forward-Looking Statements <\/strong><br \/>This press release contains forward-looking statements. Words, and variations of words, such as \u201cwill,\u201d \u201cmay,\u201d \u201cexpect\u201d and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements about the transaction, the expected results of the transaction and the future prospects for the Gourmet Food business. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Mondel\u0113z International\u2019s control, which could cause Mondel\u0113z International\u2019s actual results to differ materially from those indicated in these forward-looking statements. Please also see Mondel\u0113z International\u2019s 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. Mondel\u0113z 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.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:17%;width:17%;min-width:17%;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:17%;width:17%;min-width:17%;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:65%;width:65%;min-width:65%;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\n            <strong>Contact:<\/strong>\n          <\/td>\n<td style=\"vertical-align: top\">Jess Vogl (Media)<\/td>\n<td style=\"vertical-align: top\">Shep Dunlap (Investors)<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">+1 847 943 5678<\/td>\n<td style=\"vertical-align: top\">+1 847 943 5454<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\n            <a href=\"mailto:news@mdlz.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">news@mdlz.com<\/a>\n          <\/td>\n<td style=\"vertical-align: top\">\n            <a href=\"mailto:ir@mdlz.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ir@mdlz.com<\/a><\/p>\n<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4Njk2NiM0MDU1NDI0IzIwMDczODk=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f00b6314-3074-4b78-8fb5-d6eba1d897b9\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Enters fast-growing premium and well-being cracker segment Provides attractive platform to drive broader biscuit portfolio in Australia and New Zealand CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) &#8212; Mondel\u0113z International (Nasdaq: MDLZ) today announced it has entered into an agreement to acquire Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cracker category. Terms of the transaction were not disclosed. Gourmet Food\u2019s brands, including OB finest, Olina\u2019s Bakehouse and Crispbic, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand (ANZ) through on-trend innovations, including health and well-being offerings. \u201cThis is a great strategic asset for us in a very important market,\u201d &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-453823","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Enters fast-growing premium and well-being cracker segment Provides attractive platform to drive broader biscuit portfolio in Australia and New Zealand CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) &#8212; Mondel\u0113z International (Nasdaq: MDLZ) today announced it has entered into an agreement to acquire Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cracker category. Terms of the transaction were not disclosed. Gourmet Food\u2019s brands, including OB finest, Olina\u2019s Bakehouse and Crispbic, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand (ANZ) through on-trend innovations, including health and well-being offerings. \u201cThis is a great strategic asset for us in a very important market,\u201d &hellip; Continue reading &quot;Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-09T14:08:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4Njk2NiM0MDU1NDI0IzIwMDczODk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings\",\"datePublished\":\"2021-03-09T14:08:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/\"},\"wordCount\":643,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4Njk2NiM0MDU1NDI0IzIwMDczODk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\\\/\",\"name\":\"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings - 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Terms of the transaction were not disclosed. Gourmet Food\u2019s brands, including OB finest, Olina\u2019s Bakehouse and Crispbic, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand (ANZ) through on-trend innovations, including health and well-being offerings. \u201cThis is a great strategic asset for us in a very important market,\u201d &hellip; Continue reading \"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-09T14:08:12+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4Njk2NiM0MDU1NDI0IzIwMDczODk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings","datePublished":"2021-03-09T14:08:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/"},"wordCount":643,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4Njk2NiM0MDU1NDI0IzIwMDczODk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/mondelez-international-acquires-australian-premium-cracker-company-gourmet-food-holdings\/","name":"Mondel\u0113z International Acquires Australian Premium Cracker Company Gourmet Food Holdings - 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