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Mondelēz explores acquisition of Hershey in a potential multibillion-dollar deal

Dec 09, 2024about 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.

Company Information

Company

Mondelēz

About

Lilak brings experience across multiple industries and is a two-time public-company chief human resources officer.

M&A Insights

Based on deal data
Integration 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