Attend PACK EXPO – this year’s can’t-miss event in Chicago, Oct 23-26.
Discover solutions from 2,000+ exhibitors to advance your operations and network with colleagues at PACK EXPO International.
REGISTER TODAY

Mondelēz International acquiring Tate’s Bake Shop

Deal offers Mondelēz entry into premium cookie segment.

Mondelēz logo
Mondelēz logo

Mondelēz International has announced an agreement with The Riverside Company and other shareholders to acquire Tate’s Bake Shop for approximately $500 million. For the last 12 months, Tate’s has been one of the fastest-growing cookie brands in the United States. Its sales have quadrupled over the past five years.

Mondelēz International plans to operate Tate’s as a standalone business, with Tate’s senior leadership continuing to run the business from its headquarters on Long Island and the products being produced at Tate’s current manufacturing facility. 

The deal is expected to close this summer, subject to customary closing conditions.  

Discover Our Content Hub
Access ProFood World's free educational content library!
Unlock Learning Here
Discover Our Content Hub
Test Your Smarts
Take ProFood World's food safety quiz to prove your knowledge!
Take Quiz
Test Your Smarts