Rapidle to merge with Bakeronline.

Will fold business into Lotus Natural Foods.

Announcement comes a day after Chapter 11 filing.

Builds on company’s position in away-from-home frozen baked foods.

Will continue to operate as independent business.

Acquisition will give Mondelez a bar business with more than $1 billion in sales.

Will combine newly-acquired business with Eurogerm USA.

Former General Mills Elevator A has been inactive since 2015.

Company seeks to continue growing at 2% to 3%.

ForA:Butter is formulated with cocoa butter and coconut oil.