Delta Holdings acquires Chipita

Following sales of Delta Ice Cream to Nestlé SA, Delta Holdings S.A. acquires the Greek snack food company Chipita and its two subsidiaries Goodys and Barba Stathis. Chipita shareholders will receive 0.33 new shares in Delta Holdings for every whole share held. Goodys shareholders will be given 1.05 shares for each share and shareholders in Barba Stathis will receive 0.54 Delta shares of every Barba Stathis share they hold.


Of the merger, Dimitris Daskalopoulos, chairman of the board of directors of Delta Holding said: “This landmark unification of Delta Holding, and its subsidiaries, with Chipita creates a power-house of leading food brands and is beneficial to all our shareholders and stakeholders."