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On May 10, 2022, Mondelez announced that it would sell its gum business, including Trident and Dentyne, in developed markets including North America and parts of Europe, as well as the entire Halls cough drop business. [44] In June 2022, Mondelez announced that it would be acquiring Clif Bar for $2.9 billion. Through the acquisition, Mondelez ...
Mondelez expects a 3-cent hit to its adjusted per share earnings in 2022 and a $200 million impact on its revenue. UPDATE 3-Mondelez flags profit hit from Ukraine crisis even as quarterly results ...
"The strength of the Mondelez brands suggests that private label products will have trouble making meaningful inroads into the company's market share," said Dave Novosel, analyst with Gimme Credit.
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Clif Bar & Company is an American producer of energy foods and drinks. The company's flagship product, Clif Bar, was created by Gary Erickson and Lisa Thomas. The company is based in Emeryville, California, and was privately held until 2022 when it was acquired by Mondelez International for $2.9 billion.
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.), including its division Nabisco. The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
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