Mondelēz explores acquisition of Hershey in a potential multibillion-dollar deal
Dec 09, 2024•about 1 year ago
Acquiring Company
Mondelēz
Acquired Company
Hershey
HospitalityFood and Beverage
Description
Mondelēz International is reportedly exploring the acquisition of Hershey, a significant chocolate brand valued at $45 billion. If successful, this acquisition would create a mammoth food company with a combined sales value of nearly $50 billion, reshaping the landscape of the consumer packaged goods industry.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed