“It is a local business,” Mr. Robba said. “However, we think that this deal fits well into the recently announced spin-off and relevant launch of a global snacking company, Mondelez International.”
Mr. Robba did not release details of the acquisition.
Mondelez International, formerly Kraft Foods Inc., completed its spin-off of its North American grocery business on Oct. 1. Mondelez International now comprises the global snacking and food brands of the former Kraft Foods Inc.
