Mondelez (MDLZ) Acquires Grenade
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Mondelēz International Acquires Grenade, A Leading UK Performance Nutrition Company
March 22, 2021 8:20 AM EDTEnables expansion in broader snacking and fast-growing well-being segmentsProvides strong platform within attractive high protein and performance nutrition segmentsCompany to become one of the UKs market leaders in Snack Bars with 13%* category share
CHICAGO, March 22, 2021 (GLOBE NEWSWIRE) -- Mondelz International (Nasdaq: MDLZ) today announced an agreement to acquire a significant majority interest in Grenade, a leading UK performance nutrition pioneer in the fast-growing high protein bar segment. Terms of the transaction were not disclosed.
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