Mondelez International acquires Australian premium cracker company
According to the press release, Gourmet Food’s brands, including OB finest, Olina’s Bakehouse and Crispbic, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand through on-trend innovations, including health and well-being offerings. The company is one of the fastest growing food businesses in Australia. Gourmet Food Holdings operates from Melbourne, Australia, manufacturing one of the largest and most diverse range of premium cracker products under one roof.
“This is a great strategic asset for us in a very important market. With our iconic biscuit brands such as Oreo and belVita, as well as our leadership in chocolate with Cadbury, this acquisition will accelerate our broader snacking leadership in Australia and New Zealand,” commented Dirk Van de Put, Chairman and CEO of Mondelez International.