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Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (spun off from Kraft Foods) since 2010. It is the second-largest confectionery brand in the world, after Mars. [3] Cadbury is internationally headquartered in Greater London, and operates in more than 50 countries ...
The Cadbury Schweppes logo used until the demerger in 2008. Cadbury merged with drinks company Schweppes to form Cadbury Schweppes in 1969. [17] At the time, the Cadbury family held seven of the thirteen seats on the company board, plus chairmanship. The Cadbury family held approximately 50% of the ordinary shares, while the Frys held about 10%.
On May 6, 2018, Mondelez agreed to buy cookie maker Tate's Bake Shop for approximately $500 million. [34] The acquisition was completed on June 7, 2018. [35] On June 19, 2019, Mondelez agreed to acquire a majority interest in Perfect Snacks, owner of refrigerated protein bar Perfect Bar. [36] The acquisition was completed on July 16. [37]
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.
Peltz has a history of shaking things up with the industry. The investor played a key role in Cadbury splitting its beverage and candy businesses, and then getting what was Kraft Foods to buy Cadbury.
Shares in US chocolate maker Hershey have jumped by more than 10% after a report that Mondelez International, which owns UK-based Cadbury, has approached the firm about a potential buyout. A deal ...
Citing that confections is a "noncore" business, [5] Pfizer sold its Adams portfolio to Cadbury for $4.2 billion [8] in 2002, who beat Nestle in a bidding war. [9] [10] Mondelez International, then called Kraft Foods, made a hostile takeover of Cadbury in 2010 for $19.5 billion. [11]
Mondelez, the maker of Oreo and Cadbury, is reportedly exploring an offer to buy rival Hershey Company to potentially create one of the world’s largest candy companies.