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Mondelez

All the posts published.
1 MIN READ

Greece: Mondelez to buy snack maker Chipita for $2 billion

June 1, 2021
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Europe, Food, Mergers & Acquisitions

Mondelez International, the snack and confectionery multinational, has announced the acquisition of Greek snacking company Chipita for approximately $2 billion. Chipita is a producer of salty and sweet snacks in Central and Eastern Europe, with a leading position in the production of packaged croissant and baked snacks, having a portfolio of brands that among others include 7Days, Chipicao, and Fineti. According to company’s statement, the acquisition will allow Mondelez business …

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1 MIN READ

Australia: Mondelez to acquire snack company Gourmet Food

March 11, 2021
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Asia Pacific, Food, Mergers & Acquisitions

Mondelez International, the snack and confectionery multinational, has announced the acquisition of Gourmet Food, a leading manufacturer and distributor of premium entertaining food products, for an undisclosed sum. The movement is part of Mondelez’s strategy to strengthen its position in the snacking sector, following the recent acquisitions of Perfect Snacks and Hu Master Holding. Gourmet Food manufactures premium crackers and biscuits under the OB finest, Olina’s Bakehouse, and Crispbic brands …

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1 MIN READ

UK: Mondelez to invest £15 million in new chocolate production line

February 9, 2021
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Europe, Food, Manufacture & Distribution

Snacks and confectionery multinational Mondelez has announced plans to invest £15 million ($21 million) into a new production line at its Bournville chocolate facility in Birmingham, UK. According to sources, £11 million of the investment will be spent to create a new production line for Cadbury Milk tablets as the company consolidates the majority of its tablets production at the site, and £4 million to increase the chocolate making capacity …

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1 MIN READ

USA: Mondelez to acquire snacking company Hu Master Holding

January 6, 2021
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Food, Mergers & Acquisitions, North America

Snack and confectionery multinational Mondelez has announced the acquisition of Hu Master Holding, a US-based snack company. In 2019, Mondelez made a minority investment in Hu through its SnackFutures division. Hu is a family business founded in 2012 that has become a category leader in premium chocolate bars with a portfolio of products that includes snacking and baking chocolates, chocolate-covered nuts and berries, and grain-free crackers. “Hu is a strong strategic …

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1 MIN READ

USA: Mondelez International to acquire Give & Go

March 4, 2020
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Food, Manufacture & Distribution, North America

Mondelez International, the snack and confectionery multinational, has announced an agreement to acquire a majority interest in Give & Go, a US-based in-store bakery company. Give & Go, which owns the brands Two-bite and Create-A-Treat, produces fully finished sweet baked goods that are sold across North America.  The firm is said to have a leading position in brownies, cupcakes, pastries and muffins, and reported net revenues of $500 million in …

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1 MIN READ

Canada: Mondelez expands sweets factory

October 31, 2019
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Food, Manufacture & Distribution, North America

Mondelez, the global snacks and confectionery firm, has invested C$4o million ($30 million) to upgrade a confectionery facility in Hamilton, Canada to increase capacity, according to a report in Canadian Grocer. The investment is reportedly being spent on a new line that will make 11 million pieces of Maynards jelly sweets a day for distribution across Canada and the USA. The new production line in Hamilton is part of a wider commitment to manufacturing …

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1 MIN READ

USA: Mondelez acquires Perfect Snacks

June 20, 2019
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Food, Mergers & Acquisitions, North America

Snacks and confectionery multinational Mondelez has announced an agreement to acquire a majority interest in Perfect Snacks, a California-based company described as a “pioneer” in the refrigerated nutrition bars segment. Founded in 2005, Perfect Snacks markets a range “fresh-from-the-fridge” protein snacks, made from plant-based ingredients such as nuts and fruit as well as 20 organic “superfoods” such as kale, spinach, and lemon. Since launching its flagship refrigerated snack bar, the …

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1 MIN READ

USA: Mondelez International makes investment in snack firm Hu

April 30, 2019
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Food, Mergers & Acquisitions, North America

Mondelez, the US confectionery, food, and beverage multinational, has announced that it has made a minority investment in Hu Master Holdings, the owner of both Hu Products and Hu Kitchen, described as a fast-growing US-based snacking company. Hu is described as making minimally-processed, paleo-inspired foods with simple, real ingredients and was created by siblings Jason H Karp, Jordan Brown and Jessica Karp in 2012. The firm’s product line includes chocolate, …

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1 MIN READ

USA: Mondelez launches SnackFutures innovation hub

November 8, 2018
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Food, Marketing, North America, Products

Snacks and confectionery multinational Mondelez International has announced the launch of an innovation hub called SnackFutures. According to the manufacturer, the new hub was developed to tap into rapidly changing consumer trends, creating new opportunities in the snacking sector. The innovation hub will join internal human resources with external partnerships to enable Invention of new brands and businesses in key strategic areas, reinvention of small-scale Mondelez brands with large-scale potential, …

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1 MIN READ

USA: Mondelez acquires biscuit brand Tate’s Bake Shop

May 8, 2018
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Food, Mergers & Acquisitions, North America

Snacks and confectionery multinational Mondelez has announced that it is expanding its brand portfolio with the acquisition of US biscuit maker Tate’s Bake Shop. Mondelez, which is acquiring Tate’s Bake Shop for almost $500 million from private equity firm The Riverside Company, will operate Tate’s Bake Shop as a separate standalone business. The company will continue to produce all of its products at its existing manufacturing facility, as well as …

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1 MIN READ

Argentina: Mondelez launches Milka Bis! Wafer bars

April 13, 2018
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Food, Latin America, Products

Consumer goods giant Mondelez has expanded its portfolio in the confectionery space with the launch of Milka Bis! wafers in Argentina. The new product is described as a set of crunchy wafers that are coated with Milka chocolate. The size is said to be ideal to enjoy the combination of wafer and chocolate “anytime, anywhere”. The launch comes two years after the company entered the coated wafers segment with the …

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1 MIN READ

Brazil: Mondelez to close two facilities

March 14, 2018
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Food, Latin America, Non-Alcoholic Drinks

Snacks and confectionery multinational Mondelez has announced plans to close two factories in Sao Paulo, Brazil. According to InfoMoney, the decision to cease operations at the two factories – one in Buaru and the other in Piracicaba – was taken in order to optimise the company’s production network and guarantee sustainable growth. The company will transfer production from  the two site to its facilities in Curitiba and Pernambuco, which are …

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1 MIN READ

UK: Mondelez to launch Wine Gums Mocktails

March 5, 2018
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Europe, Food, Products

Snacks and confectionery multinational Mondelez has announced the extension of its Maynard Bassetts Wine Gums range with a new Mocktails variant. The new jelly sweets will contain three non-alcoholic flavours – Strawberry Daiquiri, Pina Colada and Cuba Libre – and will be targeted at younger adults with an emphasis on the “night in” occasion. Commenting on the launch, Marta Sanso, Joyful Candy senior brand manager at Mondelez, said: “This new …

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1 MIN READ

Australia: Mondelez invests in Cadbury brand

May 24, 2017
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Asia Pacific, Food, Manufacture & Distribution, Products

FMCG multinational Mondelez International has recently announced the expansion of its Cadbury chocolate factory in Hobart, Australia, and the introduction of a new range of Cadbury Dark Milk chocolates. According to Inside FMCG, the company invested A$4 million ($2.9 million) to expand the site, by acquiring new equipment for two new production lines. Mondelez spokeswoman Amanda Banfield said: “We have a $25 million annual investment fund for Claremont which is …

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1 MIN READ

Brazil: Nestle negotiating sale of brands to competitors – reports

April 21, 2017
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Food, Latin America, Mergers & Acquisitions

FMCG multinational Nestle is currently in negotiations to sell a number of its brands, as well as brands owned by Garoto, according to a report in Valor. The sale is described as a requirement by  Brazilian antitrust authorities to approve the merger of Nestle with Garoto, which was first announced in 2004. Valor reports that Brazilian regulators are aiming to reduce Nestle and Garoto’s market share for choocolate  in Brazil – …

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1 MIN READ

Australia: Mondelez International sells brands to Bega Cheese

January 20, 2017
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Asia Pacific, Food, Mergers & Acquisitions

Mondelez International, the global food giant, has announced that it has reached an agreement to sell most of its grocery brands in Australia and New Zealand to dairy firm Bega Cheese. The deal, which excludes the Philadelphia cream cheese business, is valued at A$460 million ($345 million). Included in the sale are brands such as Vegemite, ZoOsh, Bonox, as well as other products that use the Kraft brand under license, …

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1 MIN READ

UK: Mondelez moves Trebor into sugar-free power mints

August 10, 2016
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Europe, Food, Products

Mondelez International, the global confectionery and snacks firm, is expanding its Trebor mints range in the UK with the launch of the sugar-free Trebor Mighties. Sold in a transparent box format, the new “small mints” will be available in Mint and Berry Mint varieties and will be supported with a £1.2 million TV campaign. They reportedly aim to “deliver a wave of cooling refreshment”. Commenting on the launch, Trebor senior brand manage Elena …

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