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Closing: Mondelez International's Acquisition of Chipita Now Closed

Closing: Mondelez International's Acquisition of Chipita Now Closed

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On August 25, 2022, Boyanov & Co announced that Mondelez International's acquisition of Chipita S.A. (reported by CEE Legal Matters on June 1, 2021) had closed. 

As previously reported, Boyanov & Co advised Mondelez International on Bulgarian law aspects of its approximately-USD 2 billion acquisition of Greek snacking company Chipita S.A. from the Olayan Group, Spyros Theodoropoulos, and several unidentified individuals. Clifford Chance acted as Mondelez's global counsel and Zepos & Yannopoulos advised on Greek aspects of the deal. The sellers were advised by Karatzas & Partners and Shearman & Sterling.

Boyanov & Co’s team was led by Partner Yordan Naydenov and included Counsel Mihail Vishanin and Senior Associates Nedyalka Novakova and Violeta Kirova.