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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.
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.
Website. snackworks.com [a] Nabisco (/ nəˈbɪskoʊ /, abbreviated from the earlier name National Biscuit Company) is an American manufacturer of cookies and snacks headquartered in East Hanover, New Jersey. The company is a subsidiary of Illinois -based Mondelēz International.
Nestle is another titan Mondelez will face off against in the coming years. Last year, Nestle put forward that it wants to increase its revenue from emerging markets from 40% to 50% by the end of ...
Mondelez International (MDLZ) updates the progress of its long-term strategy on its Investor Day. Also, the company updates its long-term organic net revenue growth algorithm to 3-5%.
In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. [8] The snack company, Mondelez International Inc. is recognized as the old Kraft Foods Inc.'s legal successor, while the grocery company was named Kraft Foods, [9] [10] now a part of Kraft Heinz. [11]
When Mondelez International holds its annual shareholders' meeting on May 21, Ratan Tata will be among the new additions voted onto the board of directors. Tata, 75, is the recently retired ...
It may seem curious to investors of a certain stripe that Mondelez International spun off its Kraft grocery business in October of last year in order to shoot for long-term organic revenue growth ...