Mondelēz International to Acquire Evirth, a China Leader in Fast-Growing Cakes and Pastries
Mondelēz International, Inc. announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China. The move represents an important step forward in Mondelēz’s strategy to accelerate growth in the cakes and pastries category – a core focus for the company, alongside chocolate and biscuits. …