WASHINGTON (dpa-AFX) - Mondelez International has agreed to acquire a significant majority interest in Give & Go. from funds affiliated with Thomas H. Lee Partners, L.P. Give & Go produces fully-finished, sweet baked goods. Give & Go's senior leadership team will retain a minority interest in the company and continue to run the business.
Glen Walter, Executive Vice President and President, North America, said: 'Give & Go's leading position in the large and fast-growing in-store bakery channel gives us a unique opportunity to expand into new, on-trend consumer spaces.'
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