Mondelez eyes further M&A in snack bars, pastries.

Keywords: Mondelez International EN Mondelez International N.PAG N.PAG 1 01/07/21 20201204 NES 201204 Mondelez International has suggested snack bars and pastries could be areas for further M&Amp;A activity in those areas as a "natural extension" to its core categories in chocolate and biscuits. Mondelez made a move in the bakery category in February, with a deal for Give & Go Prepared Foods in Canada, which owns the Two-Bite cakes brand and Create-A-Treat cookie-decorating kits. And last month, the Oreo brand owner announced it had invested in Israel-based snacks firm Torr, described as "an innovative food-tech start-up, aiming to challenge multi-ingredient snacking categories with breakthrough technology". [Extracted from the article]