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Bloomberg reported earlier this week that Mondelez was exploring the acquisition of chocolate maker Hershey, in what could have created one of the world's largest confectioners. The Hershey Trust ...
(Reuters) -Cadbury-parent Mondelez International is exploring the acquisition of chocolate maker Hershey, Bloomberg News reported on Monday, citing people familiar with the matter, in what would ...
Through the acquisition, Mondelez will obtain Clif, Luna, and Clif Bar Kids as a part of its portfolio. [45] On December 19, 2022, Mondelez announced that it was selling its gum business, including the Trident, Dentyne, Chiclets and Bubblicious brands, to Perfetti Van Melle, the makers of Mentos. The deal closed on October 2, 2023. [46]
Mondelez feels it's going in the opposite direction with the 50% boost in its share buyback authorization. It's hard to tempt the trust Hershey Trust is an intriguing entity that's unique in ...
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). 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.
Chicago-based snack food giant Mondelez International said Monday it has agreed to acquire Clif Bar & Company, the California-based maker of Clif, Clif Kid and Luna brand energy bars. The deal was ...
The Cadbury maker will also pay additional amounts to the sellers depending upon its earnings from Clif Bar, Mondelez said. The company said it will get the Clif, Luna and Clif Kid brands of bars ...
The acquisition of on-trend brands CLIF, LUNA, and CLIF Kid expands MDLZ's global snack bar business to more than $1 billion. Mondelez expects the transaction to be top-line accretive in year two ...