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Mondelez International, Inc. ( / ˌmɒndəˈliːz / 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 said last week that first quarter sales and profits surged 18.1% and 17.3%, respectively, from a year ago. The gains reflect strong demand for Oreos and Chips Ahoy cookies despite price ...
Kinh Do Construction and Food Processing Company Limited was founded in 1993. The company began construction on a factory at 6/134 National Highway 13, Hiep Binh Phuoc Ward, Thủ Đức District, Ho Chi Minh City, in 1996. At the same time, the company also invested in a cookie production line with modern Danish technology and equipment worth ...
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 ...
Mondelez International (NAS: MDLZ) is fresh off its recent corporate break-up. It boasts one of the best snack-brand portfolios in the industry, as well as massive global growth opportunities. But ...
This acquisition followed the recent agreement to purchase Assan Foods – a Turkish company focused on sauces – belonging to Kibar Holding, for approximately $100 million. On January 19, 2022, Kraft Heinz announced that it had completed its acquisition of an 85% stake in Germany-based Just Spices GmbH. Launched in 2014, Just Spices is a ...
Kraft Foods traced its roots to the National Dairy Products Corporation, formed on December 10, 1923, by Thomas H. McInerney and Edward E. Rieck. [9] The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry. Through acquisitions it expanded into a full range of dairy products.
The earnings rundown. Net sales: up 1.4% year over year to $9.3 billion vs. estimates for $8.6 billion. Organic sales: Up 4.2% year over year. Adjusted gross profit margins: 39.2% vs. 36.8% a year ...