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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 ...
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 ...
This is a list of Mondelez International brands (formerly Kraft Foods Inc.). Includes brand-name products that are developed, owned or licensed by Mondelez International . The company's core businesses are snack foods and confectionery .
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 ...
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 ...
Mondelez's (MDLZ) latest plan to acquire Give & Go is another effort to bolster offerings in the snacks division.
Lefèvre-Utile, better known worldwide by the initials LU, is a French manufacturer brand of biscuits, emblematic of the city of Nantes. The brand is now part of US confectionery company Mondelēz International since 2012, after splitting of its previous owner Kraft Foods Inc., [3] which had acquired it as part of its acquisition from Groupe ...