UK: Mondelez to invest £15 million in new chocolate production line
Snacks and confectionery multinational Mondelez has announced plans to invest £15 million ($21 million) into a new production line at its Bournville chocolate facility in Birmingham, UK. According to sources, £11 million of the investment will be spent to create a new production line for Cadbury Milk tablets as the company consolidates the majority of […]
USA: Mondelez to acquire snacking company Hu Master Holding
Snack and confectionery multinational Mondelez has announced the acquisition of Hu Master Holding, a US-based snack company. In 2019, Mondelez made a minority investment in Hu through its SnackFutures division. Hu is a family business founded in 2012 that has become a category leader in premium chocolate bars with a portfolio of products that includes snacking […]
USA: Mondelez International to acquire Give & Go
Mondelez International, the snack and confectionery multinational, has announced an agreement to acquire a majority interest in Give & Go, a US-based in-store bakery company. Give & Go, which owns the brands Two-bite and Create-A-Treat, produces fully finished sweet baked goods that are sold across North America. The firm is said to have a leading […]
Canada: Mondelez expands sweets factory
Mondelez, the global snacks and confectionery firm, has invested C$4o million ($30 million) to upgrade a confectionery facility in Hamilton, Canada to increase capacity, according to a report in Canadian Grocer. The investment is reportedly being spent on a new line that will make 11 million pieces of Maynards jelly sweets a day for distribution across Canada and […]
USA: Mondelez acquires Perfect Snacks
Snacks and confectionery multinational Mondelez has announced an agreement to acquire a majority interest in Perfect Snacks, a California-based company described as a “pioneer” in the refrigerated nutrition bars segment. Founded in 2005, Perfect Snacks markets a range “fresh-from-the-fridge” protein snacks, made from plant-based ingredients such as nuts and fruit as well as 20 organic […]
USA: Mondelez International makes investment in snack firm Hu
Mondelez, the US confectionery, food, and beverage multinational, has announced that it has made a minority investment in Hu Master Holdings, the owner of both Hu Products and Hu Kitchen, described as a fast-growing US-based snacking company. Hu is described as making minimally-processed, paleo-inspired foods with simple, real ingredients and was created by siblings Jason […]
USA: Mondelez launches SnackFutures innovation hub
Snacks and confectionery multinational Mondelez International has announced the launch of an innovation hub called SnackFutures. According to the manufacturer, the new hub was developed to tap into rapidly changing consumer trends, creating new opportunities in the snacking sector. The innovation hub will join internal human resources with external partnerships to enable Invention of new […]
USA: Mondelez acquires biscuit brand Tate’s Bake Shop
Snacks and confectionery multinational Mondelez has announced that it is expanding its brand portfolio with the acquisition of US biscuit maker Tate’s Bake Shop. Mondelez, which is acquiring Tate’s Bake Shop for almost $500 million from private equity firm The Riverside Company, will operate Tate’s Bake Shop as a separate standalone business. The company will […]
Argentina: Mondelez launches Milka Bis! Wafer bars
Consumer goods giant Mondelez has expanded its portfolio in the confectionery space with the launch of Milka Bis! wafers in Argentina. The new product is described as a set of crunchy wafers that are coated with Milka chocolate. The size is said to be ideal to enjoy the combination of wafer and chocolate “anytime, anywhere”. […]
Brazil: Mondelez to close two facilities
Snacks and confectionery multinational Mondelez has announced plans to close two factories in Sao Paulo, Brazil. According to InfoMoney, the decision to cease operations at the two factories – one in Buaru and the other in Piracicaba – was taken in order to optimise the company’s production network and guarantee sustainable growth. The company will […]