About Chipita
Chipita is a Consumer company based in Lamia (Greece) founded in 1973, and was acquired by Mondelez International in May 2021. Producing and marketing savoury snacks. The company has 1 employees. Its chief executive, as recorded, is Spyros Theodoropoulos. Its Indian entity Midilan India Private Limited reported revenue of ₹2.16 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks.
Company details
Chipita was established in 1973 in Lamia, Greece, within the food manufacturing sector. Operations span 19 plants across 11 countries, including Bulgaria, Portugal, Egypt, Mexico, Poland, Romania, Russia, Saudi Arabia, India, Turkey, and Ghana. Products in four categoriescroissants, savoury snacks like Bake Rolls, cakes, and confectioneryare distributed to 66 countries via direct delivery or partnerships. Commercial offices are maintained in six nations: Czech Republic, Germany, Hungary, Serbia, Slovakia, and Ukraine.
- Headquarters Lamia, Greece
- Employees 1
- Stage Acquired
- SectorsConsumer
- Website chipita.com
- Social LinkedIn
- Acquired by Mondelez International (May 2021)
- Legal Name Midilan India Private Limited
- Date of Incorporation 22 Jun, 2012
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹2.16 Cr
FY 2020 · +5152% YoY
- Indian entity net profit₹3.3 Lakh
FY 2020 · 2% margin
- Indian entity EBITDA-₹1.71 Cr
FY 2020 · -79% margin
- InvestorsMondelez International
& 1 more
- Employee Count1
- Acquired byMondelez International
(May 2021)
Associated legal entities of Chipita
Chipita operates through Midilan India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Midilan India Private Limited CIN U15400HR2012FTC046317 | Active | 22 Jun 2012 | Gurgaon, Haryana | ₹2.2 Cr | 1 | 4 | View details |
Funding Insights of Chipita
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Chipita with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 1999 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Chipita
Chipita has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Mondelez International and Global Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An independent investment firm based in Athens, Greece. | 1991 | globalfinance.gr | Athens, Greece | |
Multi-category convenience foods are produced and distributed globally. | 2012 | mondelezinternational.com | Chicago, United States |
Investor details for Chipita
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Board of directors of Midilan India Private Limited (Chipita)
Midilan India Private Limited is the primary company behind Chipita. The board of Midilan India Private Limited currently have 4 directors; the longest-serving is Antonios Pouftis, appointed in 2014. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Antonios Pouftis DIN 07028896 | Director | 17 Jun 2014 | 12 yrs 4 mo | Midilan India Private Limited |
| Panagiotis Petros Filoxenidis DIN 07386660 | Director | 28 Mar 2016 | 10 yrs 6 mo | Midilan India Private Limited |
| Spyridon Theodoropoulos DIN 07330635 | Director | 28 Mar 2016 | 10 yrs 6 mo | Midilan India Private Limited |
| Mahesh Balkrishna Shenoy DIN 08629630 | Director | 10 Dec 2019 | 6 yrs 10 mo | Midilan India Private Limited |
People of Chipita
1 people are tracked at Chipita (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Spyros Theodoropoulos | CEO | Leadership |
Complete people profiles for Chipita
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Financials of Chipita
Figures of Midilan India Private Limited, the primary company behind Chipita, for FY 2020. Revenue was ₹2.16 Cr (+5152% year on year). Net profit was ₹3.3 Lakh (2% margin). EBITDA was -₹1.71 Cr (-79% margin). Revenue has grown at a compounded annual rate of -19% over three years and -33% over five years.
- ₹2.16 CrRevenue · FY 2020 · +5152% YoY
- ₹3.3 LakhNet profit · 2% margin
- -₹1.71 CrEBITDA · -79% margin
- ₹65.33 CrPaid-up capital
- 1Employees (provident fund records)
- -19%Revenue CAGR, 3 years
- -33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Midilan India Private Limited are on its company page.
Detailed financial statements for Chipita
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Chipita
3 dated milestones of Chipita across 48 years, from founding to its latest funding, stage changes and deals.
- Founded Chipita is founded.
- Funding First funding round.
- Exit Acquired by Mondelez International.
Web traffic of Chipita
Websites that share an audience with Chipita (chipita.com).
Websites whose visitors overlap most with Chipita. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
elbisco.gr | elbisco.gr | 100% | #1,344,815 | – | |
allatini.gr | allatini.gr | 83% | – | ||
| nikas.gr | 83% | 2.3K | #5,950,006 | View details | |
| gregorys.gr | 69% | 48.5K | #601,123 | View details | |
| boutari.gr | 55% | 1.7K | #10,155,431 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Chipita
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- 8 similar websites
- Audience overlap
- Engagement analytics
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Related news about Chipita
Complete news archive for Chipita
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Frequently Asked Questions about Chipita
Chipita was founded in 1973 and raised its 1st funding round 26 years after it was founded.
Chipita is headquartered in Lamia, Greece. It is registered at Lamia, Phthiotis, Greece.
Spyros Theodoropoulos is the CEO of Chipita, as recorded in our data.
Chipita has 1 employees.
The primary company behind Chipita, Midilan India Private Limited, reported revenue of ₹2.16 Cr for FY 2020, up 5152% year on year.
Chipita was established in 1973 in Lamia, Greece, within the food manufacturing sector. Operations span 19 plants across 11 countries, including Bulgaria, Portugal, Egypt, Mexico, Poland, Romania, Russia, Saudi Arabia, India, Turkey, and Ghana. Products in four categoriescroissants, savoury snacks like Bake Rolls, cakes, and confectioneryare distributed to 66 countries via direct delivery or partnerships. Commercial offices are maintained in six nations: Czech Republic, Germany, Hungary, Serbia, Slovakia, and Ukraine.
Chipita has 2 investors. Key investors include Mondelez International, and Global Finance.
Chipita operates through Midilan India Private Limited.
Yes. Chipita was acquired by Mondelez International in May 2021.
The legal entities of Chipita currently have 4 directors, including Panagiotis Petros Filoxenidis, Mahesh Balkrishna Shenoy, Antonios Pouftis and others.