News & Deals



BOYANOV & Co. Advised Mondelez International on the Acquisition of Chipita S.A. – Update

After successfully advising Mondelez International (Nasdaq: MDLZ) on all Bulgarian law aspects in the acquisition of the Greek snacking company Chipita S.A. (for approximately USD 2 billion), since the beginning of this year, BOYANOV & Co. has advised Mondelēz International, Inc. on the Bulgarian legal aspects of the formal integration of the Chipita S.A.’s business in Bulgaria. It was completed at the beginning of July 2022 (press release is available here).

The process was complex and involved the transfer of shares, in-kind contributions, and sales of parts of the going concern of Chipita Bulgaria EAD.

This cross-border transaction BOYANOV & Co.’s team was involved in, won the 2021 Deal of the Year Award in Greece, during a ceremony organised by CEE Legal Matters and held in April 2022 in London.

The team was led by the Head of the M&A and Corporate Practice Groups Yordan Naydenov and included counsel Mihail Vishanin, and senior associates Nedyalka Novakova and Violeta Kirova.