Mondelez International

Trident is one of the brands being sold by Mondelēz to Perfetti Van Melle. Pic: Mondelēz

Analyst reaction to transaction

Mondelēz sells part of gum business to rival Perfetti Van Melle for $1.3bn

By Anthony Myers

Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.

The company also said it is also battling a volatile environment in its European market. Pic: Mondelēz International

Financial results

Mondelēz to up Cocoa Life investment on back of strong Q3 results

By Anthony Myers

Mondelēz International has announced net revenues grew 8.1% year-on-year in the third quarter this year, driven by stronger pricing and volume. The Chicago-headquartered company also raised its full-year results forecasts and announced more price hikes...

Are you the next snacking superhero? Pic: GettyImages/drante

Mondelēz on the hunt for ‘disruptively delicious’ startups

By Gill Hyslop

SnackFutures – the innovation and venture hub of the Oreo maker – has opened applications for CoLab 2023, a start-up engagement programme created to unearth trailblazers that are ‘pushing the boundaries of what’s possible in making a snack delicious’.

Clif Bars have become popular with cyclists and other hi-energy sports enthusiasts. Pic: GettyImages/kali9

Mondelēz finalises Clif Bar bolt-on

By Gill Hyslop

Mondelēz International has completed the acquisition of Clif Bar & Company, augmenting its position as a $1 billion global snack bar player.

Photo Credit: GettyImages / Bartosz Luczak

Snacking behavior holds strong in face of inflation, says Mondelēz

By Mary Ellen Shoup

In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...

Mondelēz  says its on track to use 5% recycled plastic content by 2025. Pic: Mondelēz International

Sustainability

Mondelēz confirms progress in meeting ESG goals

By Anthony Myers

The Oreo and Cadbury owner has published its 2021 Snacking Made Right Report, which highlights progress against its short- and long-term ESG (Environmental, Social and Governance) goals.