Mondelez International is a US-based food company and owner of brands including Cadbury and Oreo. Formed in 2012 after the former Kraft Foods Inc split in two, Mondelez International is a public company, listed on the NASDAQ as MDLZ. The head office for Mondelez International is located in Deerfield, Illinois, USA.
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Prolonged economic recession, increasing competition and sector-specific challenges such as seasonality confront ice cream makers in Russia. Navigating these waters can be tough. But the segment has been showing increasing dynamism and the Russian ice cream market continues to present an important growth opportunity. Andrew Burnyeat, Keith Nuthall and Eugene Vorotnikov report.
Last month, after some speculation earlier in the summer, Mondelez International confirmed it was buying the licence to manufacture, market and sell Cadbury-branded biscuits around the world from UK-based Burton's Biscuit Co. Mondelez touted the "exciting opportunities" it sees ahead for the products, while Burton's, which had held the licence for 30 years, talked up the prospects for its own brands. John Shepherd takes a look at what might lie ahead.
Mondelez International, the owner of Cadbury, Milka and Toblerone, this week announced the end of its plans to gobble up another chocolate major, US-based group Hershey. Now the prospect of a US$23bn takeover is off the table, industry watchers are speculating about what could be on the horizon for both companies. Dean Best reports.
The Hershey Trust, which owns over 80% of the US confectioner's voting rights, has reached an agreement with the Pennsylvania Attorney General's office to settle concerns over its governance - and there could be consqeuences for Mondelez International's interest in the Reese's maker.
Mondelez International's top-line performance in China has been patchy since the US snacks giant was established four years ago. Biscuits has been Mondelez's main business in China and challenges in the category meant, for example, the Oreo maker saw its sales in the country fall in 2014. A recovery from Mondelez's biscuit arm in China, plus growth from its chewing gum stable, helped the company's sales grow in 2015 - but sales fell in the first six months of this year. Speaking to just-food after announcing a significant push into China's chocolate market, Stephen Maher, the president of Mondelez's business in the country, discusses how he sees the prospects for the company in the market.
China is central to Mondelez International's growth strategy but it has not always been an easy ride for the snacks giant since its formation in October 2012. However, the US company is confident about its prospects in the country and signalled its optimism with the launch of European chocolate brand Milka in August. Dean Best spoke to Stephen Maher, the president of Mondelez's business in China, to find out more.
Mondelez International is launching what it describes as a "premium" chocolate brand in India, Cadbury Fuse.
Mondelez International is selling organic Triscuit crackers in the US for a limited time in a bid to see if the product taps into demand for organic snacks in the country.
Mondelez International is hoping to tap into demand in the UK for healthier snacks with the launch of Bakefuls, a baked product sold under savoury snacks brand Ritz.
Mondelez International has unveiled plans to invest US$65m in establishing a global network of research, development and quality (RDQ) "hubs".
Mondelez International has outlined its latest plans of how it aims to grow in the US chocolate market, where it is extending its organic Green & Black's chocolate range and launching cross-branded Milka and Oreo items.
Mondelez International has ended discussions with Hershey over a potential acquisition, the Cadbury owner has announced.
Vietnamese food group Kido Corp., formerly Kinh Do Corp., has sold the remaining 20% of its snacks business to Mondelez International for a reported VND2 trillion (US$90m).
UK-based Burton's Biscuit Co. has said it is set to launch a "transformational growth plan" across its core brands, following the sale of its Cadbury biscuit licence to Mondelez International.
Mondelez International said today (12 August) it had agreed terms to buy the licence to manufacture, market and sell Cadbury-branded biscuits around the world from UK-based Burton's Biscuit Co.
Mondelez International has launched its Cadbury Dairy Milk Marvellous Creations chocolate line in India.
Mondelez International is to make a move to build its presence in China's chocolate market with the launch of its European brand Milka in September.
Mondelez International has revised its forecast for how much the US snacks giant's revenues will grow on an organic basis in 2016.
Premier Foods reported continued positive progression on its sales this morning (21 July), when it delivered its fourth consecutive quarter of revenue growth.
The owners of Burton's Biscuit Co. have declined to comment on reports that the firm has been approached by Cadbury owner Mondelez International in a move to buy back the license to produce biscuits under the Cadbury brand.
A board member of the Hershey Trust has reportedly resigned in the wake of a takeover bid for the chocolate group from Mondelez International.
Merger and acquisitions have become the major source for revenue growth for the world’s biggest food brands that are part of the top 50 global consumer goods companies.
Hershey revealed today (30 June) its board has "unanimously rejected" a takeover approach from Mondelez International valuing the US chocolate company at US$107 per share.
Reports that Mondelez International has launched a takeover bid for Hershey sent shares in the US chocolate maker up by as much as 21% in morning trade in New York today (30 June).
Kraft Heinz Co. and Mondelez International have been named in a second lawsuit alleging the illegal manipulation of wheat futures by the former Kraft Foods Group after a federal court in Chicago refused a motion to dismiss.
US group Back to Nature Foods has launched breakfast biscuits under its low-fat snack brand Snackwell's.
Cadbury chocolate and Ritz crackers owner Mondelez International has conceded it has "much more work to do" on its targets for lowering saturated fat and sodium in its products after revealing the progress it is making on a range of moves to make products healthier and more sustainable.
Mondelez International is planning to "interact" with consumers in "real-time" on Facebook's Messenger app as part of the snacks giant's international marketing tie-up with the social network.
Wow. Your correspondent is penning this blog following precious little sleep after the combination of a humid night in London and the emergence of the most significant event in UK history since 1945 made sleep tricky on Thursday night.
just-food (and sister site just-drinks) are the exclusive media partners for the three-day Consumer Analyst Group Europe investment conference, which starts today in London.
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