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Mondelez International, Inc. ( / ˈmɒndəˌliːz / 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]
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.
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 ...
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 ...
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Mondelez (MDLZ) is benefiting from strong organic sales trend. Its solid pricing, focus on innovation and expansion efforts bode well. Here's Why Mondelez (MDLZ) Stock is up 8% After Q4 Results
As of February 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.
Big bite on buybacks: With its stock price down slightly on the year, Mondelez used the opportunity to buy back $568 million in stock in Q1. A year ago, it repurchased $399 million in stock. A ...
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