Mondelez to lose Dinosaurus in Galletas Artiach takeover
Published: 2012-11-28 Origin: bakeryandsnacks.com Authour: Oliver Nieburg+ Views: 92
Core Tip: Nutexpa has acquired Spanish biscuit manufacturer Galletas Artiach in a deal that means Mondelez International will lose its license for the Dinosaurus biscuit brand to Lotus Bakeries
Nutexpa has acquired Spanish biscuit manufacturer Galletas Artiach in a deal that means Mondelez International will lose its license for the Dinosaurus biscuit brand to Lotus Bakeries
Under the deal, Nutexpa has taken a controlling stake in Artiach while Lotus has secured intellectual property rights on Artiach’s Dinosaurus children’s biscuit brand outside of Spain, Portugal, Morocco, Algeria and Mexico.