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On May 10, 2022, Mondelez announced that it would sell its gum business, including Trident and Dentyne, in developed markets including North America and parts of Europe, as well as the entire Halls cough drop business. [44] In June 2022, Mondelez announced that it would be acquiring Clif Bar for $2.9 billion. Through the acquisition, Mondelez ...
North America, United Kingdom, Ireland 2004 Sold to Premier Foods: Bird's Eye: Frozen foods: North America 2004 Sold to Dean Foods: Now owned by Pinnacle Foods: Boboli Baked Goods: North America 1995 Sold to Bestfoods: Canadian rights owned by George Weston Limited; U.S. rights owned by Grupo Bimbo: Breyers: Dairy North America 1993 Sold to ...
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]
Its Frito-Lay North America segment grew organic revenues 4% during the first quarter. In fact, the mature snack food market presents PepsiCo with few challengers to its market share.
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 ...
The overall snack category has been growing, but organic growth for PepsiCo's Frito-Lay North American business has decelerated. In fact, it's slowed from 6% annually between 2002 and 2009, to 3% ...
Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (originally Kraft Foods) since 2010.It is the second-largest confectionery brand in the world, after Mars. [3]
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