About Chipita
Chipita is a Consumer company based in Lamia (Greece) founded in 1973, and was acquired by Mondelez International in May 2021. It operates as a producing and marketing savoury snacks. The company has 1 employees. Its chief executive 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. Its competitors include Mondelez International and Balco Store.
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
- Annual Revenue₹2.16 Cr
FY 2020 · +5152% YoY
- Net Profit₹3.3 Lakh
FY 2020 · 2% margin
- 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
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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.
Competitors of Chipita
Chipita has 2 listed competitors in our database. They include Mondelez International and Balco Store, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mondelezinternational.com | 2012 | Chicago, United States | – | 6 | Multi-category convenience foods are produced and distributed globally. | |
| balco.store | 2021 | Larissa, Greece | – | – | Healthy snack products are developed and marketed by Balco Store. |
Detailed competitors of Chipita
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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
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Top companies in Food & Beverage Products & Processing
10 companies that operate in the same segment as Chipita (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 |
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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 current CEO of Chipita.
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's top competitors include Mondelez International and Balco Store.
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.