Confirmed Control (100%) Closed Transaction verified ConsumerCPGFoodFood & BeverageSnacks

Gourmet Food Holdings (Olina's Bakehouse, Arnott's Vita-Weat excluded) acquired by Mondelēz International

Mondelēz International acquired Gourmet Food Holdings (Olina's Bakehouse, Arnott's Vita-Weat excluded), an Australia & New Zealand snacks brand, on Apr 1, 2021.

Transaction summary

Target
Gourmet Food Holdings (Olina's Bakehouse, Arnott's Vita-Weat excluded)
Announced
2021-03-09
Type
Acquisition
Deal type
Control
Stake acquired
100%
First added
2026-10-31
Latest update
2026-10-31

Value and multiples

100% enterprise value

AUD 450M

100% enterprise value | AUD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

Approx. $345M USD using FX date 2021-03-08 at 0.7656 AUD/USD.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: AUD 450M

Basis

  • Reported value: A$450m.

Source summary

Mondelez International, Inc. - Form 10-K - FY2021 (Financial Report)

Confirmed

for closing cash consideration of approximately $450 million Australian dollars ($343 million), net of cash received.

Open source

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