Mondelez International has set out plans to shut two factories in Brazil.
The US snacks giant is to close its facilities in Bauru and Piracicaba, cities in the state of São Paulo, by the end of the year.
Go deeper with GlobalData
Production will move to two other factories, one further south in Curitiba and another further north in Vitória de Santo Antão.
“These changes are part of the company’s global strategy,” Mondelez said in a statement. “Since 2014, the company has been thoroughly reviewing its supply chain with the goal of maintaining economic sustainability and business evolution in the mid and long terms.”
The closures will mean confectionery, cream cheese and powdered desserts will be produced at the site in Curitiba. Chocolate products, as well as biscuits, will be made at the factory in Vitória de Santo Antão.
See Also:
“The company remains committed to Brazil,” Mondelez added, noting the country houses its largest business in Latin America.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
