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Before Mondelez International. Mondelez International is rooted in the National Dairy Products Corporation (National Dairy), which was founded on December 10, 1923, by Thomas H. McInnerney and Edward E. Rieck. The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
Mondelez (MDLZ) has been keen on expanding its business through acquisitions. Also, its cost-saving efforts have been yielding amid strained adjusted gross margin.
Mondelez could be the name to watch — under CEO Dirk Van de Put, the company has made several big acquisitions, notably spending $2.9 billion to buy Clif Bar.
Clif Bar & Company is an American company that produces energy foods and drinks. The company's flagship product, CLIF BAR, was created by Gary Erickson and Lisa Thomas. The company is based in Emeryville, California and was privately held until 2022 when it was acquired by Mondelez International for $2.9 bil
On a recent episode of "Influencers with Andy Serwer," Mondelez International CEO Dirk Van de Put said that the company retains 3,000 employees in Russia and works with 30,000 suppliers there.
The acquisition of on-trend brands CLIF, LUNA, and CLIF Kid expands MDLZ's global snack bar business to more than $1 billion. Mondelez expects the transaction to be top-line accretive in year two ...