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.
Mondelez
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…
Mondelēz published its 2021 Snacking Made Right Report, which shows progress toward its short- and long-term Environmental, Social and Governance (ESG) goals, as it strives to become more sustainable.
Mondelēz International announced its agreement to acquire Grupo Bimbo’s confectionery business, Ricolino, for approximately USD 1.3 billion.
Mondelēz International announced the appointment of Jay Cooper as President of its Northern Europe division. He will be responsible for Mondelēz International’s businesses in the UK, Ireland, Norway, Sweden, Finland and Denmark.
The production plant Mondelez operates in Trostyanets, a town in eastern Ukraine, suffered “significant damage”, the company said. No employees were injured in the attack, according to the information currently available.
