Mondelez received a EUR 337.5 million fine from EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries. The Commission found that Mondelez engaged in anti-competitive deals and abused its position of market dominance in breach of EU antitrust laws.
The European Union is set to fine Oreo maker Mondelez for blocking sales across borders, according to a Financial Times report, which cites people familiar with the developments. The fine, possibly in the millions of Euros, could be announced as soon as next month, the financial publication says.
Mondelēz International launched its fifth annual State of Snacking™ report, a global consumer trends study. In addition, a standalone, complementary State of Snacking: Future Trends report is launched this year.
Mondelēz is releasing a new galaxy-inspired limited-edition OREO range, available for presale starting January 23 at LiftOff.OREO.com. The cookies feature two layers of blue and pink ‘cosmic crème’ with marshmallow flavor, and popping candies.
Mondelēz reveals its net revenues increased by +17.0% in the second quarter of 2023, driven by organic net revenue growth of +15.8%, with strong volume/mix performance in three out of four regions.
Mondelēz Global announced today a voluntary recall of two varieties of belVita Breakfast Sandwich products, manufactured in the US and sold nationwide, due to the possibility that the products may contain undeclared peanuts from cross-contact on a single manufacturing line. No other belVita products, Mondelēz products, or markets outside the US are affected by this recall.
Mondelez is offering cake products for the first time in China this year and has pledged to invest more in digital solutions, China Daily shared information from a senior executive. Mondelez will launch frozen cakes on the Chinese market starting in April.
The fourth annual State of Snacking report published by Mondelez highlights the expanded role of snacking, as it increasingly replaces traditional meals in consumers’ lives.
Mondelēz International announced an agreement to acquire Clif Bar & Company, a specialist in energy bars, for USD 2.9 bn. The transaction expands Mondelēz International’s global snack bar business to more than USD 1 billion.
Baker & Baker reported a turnover of EUR 450 m and 14% growth in its first year as a standalone…