Keurig Green Mountain is planning to buy back more than 50% of Italian coffee maker Luigi Lavazza for around $624m. This comes as Lavazza is currently raising funds for the acquisition of D.E. Master Blenders' L'Or and Mondelez ...
Tags: Keurig Green, coffee
Mondelez International and FLOCERT, a socially focused global certification body, have entered into a new partnership to authenticate cocoa volumes and commercial transactions for the company's $400m Cocoa Life program. Cocoa Life will ...
Mondelez International has broken ground on its new $90m biscuit plant in Bahrain, in a move to cater to growing demand for its Oreo, Ritz and TUC biscuits in the Middle East and Africa. Earlier this month, the company signed a lease ...
Tags: TUC biscuits, Cheese, Agriculture
Mondelez International has signed a lease agreement to build a new biscuit factory with an initial investment of $90m in Bahrain. Earlier in October 2014, Mondelez announced plans to build the factory, claimed to be the company's most ...
Tags: Biscuit Factory, Agriculture
The European Commission has launched an in-depth investigation into a proposal by Douwe Egberts Master Blenders (DEMB) and Mondelēz International to merge their coffee businesses. The Commission will investigate whether the ...
Tags: coffee businesses, Agriculture
Mondelez is an enthusiastic early uptaker of new technology. It launched its mobile technology initiative, Mobile Futures, in October 2012 internationally to help it drive more impulse purchases and better in-store marketing, with an open ...
Tags: Calendar, mobile technology, Packaging
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...
Ezaki Glico, Japanese snacks maker, is aiming to make its Pocky biscuit into a RM3.34 bn (US$1 bn) brand. The company with 92-year history is planning to grow overseas by promoting its stick-shaped, chocolate-coated Pocky pretzels in ...
Tags: Pocky pretzels, snacks maker
Mondelez International has agreed to acquire 80% stake in Vietnam-based Kinh Do's snack business for $370m, in order to strengthen its presence in emerging markets. The transaction includes the acquisition of Kinh Do's two production ...
Tags: snack business, Agriculture
Mondelez International is planning to invest $24m to ramp up production capacity of its confectionery plant in Gebze, Turkey. The investment will see the installation of a new processing and packaging line, which will increase the ...
Kraft Foods Group has reported a decline in profit for the third quarter, owing to higher commodity costs that offset a marginal climb in sales, with weak operating margins pronounced at the cheese, and meals and desserts segments. The ...
Tags: Kraft Foods, cheese, Food
Mondelez International is planning to invest $50m to ramp up production of Tassimo beverage capsule in its coffee factory in Banbury, UK. The investment, which will be used in the construction of two new production lines at the ...
StayinFront announced a global agreement with Mondelez International, a global snacking powerhouse, with billion-dollar brands, such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; to deliver SaaS mobile ...
Tags: StayinFront, Solution, Food
Mondelez International, an American multinational confectionery, food and beverage conglomerate, has named Brian Gladden, 49, as their new chief financial officer. Gladden, a former CFO of Dell, will be assuming office from December 1. ...
Tags: Mondelez International, CFO, Food
The chocolate pralines are crafted in Europe, and special attention has been taken post production in designing and packaging. The design and manufacture of the packs was a joint collaboration with Pearlfisher, AiR Innovation, Multi ...