Mondelēz To Acquire New York’s Tate’s Bake Shop

Mondelēz International has signed an agreement with global private equity firm The Riverside Co. and other shareholders—including Tate’s Bake Shop founder Kathleen King—to acquire Tate’s for nearly $500 million. Mondelēz says the deal gives it entree into the premium cookie market. Tate’s was founded in 2000 on Long Island, New York, producing cookies and baked goods. Mondelēz says … Continue reading Mondelēz To Acquire New York’s Tate’s Bake Shop