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Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
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 (MDLZ) Benefits From ...
As of September 2024[update], the largest ever acquisition was the 1999 takeover of Mannesmannby Vodafone Airtouch plcat $183 billion ($334.7 billion adjusted for inflation). AT&Tappears in these lists the most times with five entries, for a combined transaction value of $311.4 billion. Mergers and acquisitions are notated with the year the ...
Despite the Cadbury takeover helping boost sales by 30%, Kraft's net profit for the fourth quarter fell 24% to $540m due to costs associated with integrating the UK business after the acquisition. [66] Kraft spent a one-time $1.3 billion in integration costs to achieve $675 million in recurring annual synergy savings by the end of 2012 (estimated).
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 International (MDLZ) has been benefiting from its prudent acquisitions. Also, its pricing and saving strategies are helping amid an inflationary cost environment.
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.
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 ...