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.
Mondelez
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.
Mondelēz International appointmented Karla Schlieper as president of Mondelēz Canada, effective January 17, 2022. She is succeeding Martin Parent, who left the organization in early January.
Chipita has officially passed into the hands of Mondelēz International, in a transaction worth USD2bn initially announced in May 2021. With the move, Mondelēz is solidifying its position in Europe and the Middle East.
Mondelēz International focuses on human rights and joins The Sustainable Trade Initiative (IDH) Living Wage Roadmap to help advance living wages in global supply chains. The company commits to paying its employees a living wage.