VILAF advises Mondelez in buying snack business Kinh Do

November 2014

Ho Chi Minh City, 17 November 2014 - Clifford Chance (as Singapore counsel) and VILAF (as Vietnam counsel) have advised Mondelez International Inc in its acquisition of 80% of equity stake in Kinh Do Group’s snack business for $370 million. Mondelez is the maker of Oreo cookies and Ritz crackers.

According to Reuters, the deal includes two manufacturing plants and Kinh Do’s distribution network. Kinh Do is Vietnam's biggest snack producer and is the maker of Cosy biscuits and Solite soft cakes.

The VILAF team is led by Vo Ha Duyen, Managing Partner of VILAF’s Ho Chi Minh City Office, who is assisted by Pham Si Hai Quynh, the firm’s Corporate Partner based in Ho Chi Minh City.