Mondelēz International: A Global Leader in Snacking

Headquarters: Chicago, Illinois, USA

Founded: 2012 (separation from Kraft Foods)

Mondelēz International is a prominent name in the global food industry, particularly excelling in the confectionery, food, and beverage sectors. The company has carved a significant niche with its broad geographic presence and robust financial performance.

Company Location and Facilities

Mondelēz International’s operations span over 150 countries, supported by more than 80 manufacturing facilities. Key production sites are strategically located in regions such as the United States, Mexico, the United Kingdom, and several countries across Asia and Europe, ensuring comprehensive reach and efficient supply chain management.

Financial Indicators

The fiscal year 2022 was remarkable for Mondelēz International as it reported a revenue of approximately $28.7 billion, showing substantial growth. The company maintains financial stability and growth potential with an EBITDA of about $4.5 billion.

Significant Events

A noteworthy development is Mondelēz International’s plan to acquire a majority stake in Evirth. Evirth, known for its innovative frozen dessert and bakery products, has gained strong acclaim in China. This acquisition is strategic, aiming to bolster Mondelēz’s market presence and product portfolio in the rapidly expanding Chinese market. This deal is expected to be finalized in the first quarter of 2023, subject to regulatory approvals.

Company Plans

Acquiring Evirth aligns with Mondelēz’s strategy to expand in emerging markets and diversify its offerings. The company plans to utilize Evirth’s expertise in frozen desserts and bakery items to drive innovation and growth globally. This integration will likely leverage Mondelēz’s established distribution networks across Asia and more broadly, enhancing its competitive edge.

Management

Under the leadership of Dirk Van de Put, the Chairman and CEO, Mondelēz International focuses on growth through strategic acquisitions, geographical expansion, and continuous product innovation. These efforts collectively ensure the company remains at the forefront of industry advancements.

Conclusion

The acquisition of a majority stake in Evirth is a pivotal move for Mondelēz International as it strives to broaden and diversify its product offerings in China. With strong financial health and a strategic outlook, Mondelēz International is well-positioned to enhance its standing as a global leader in the snacking industry.

Sources:
Mondelēz International 2022 Annual Report
Company press releases and announcements

Modified: 2025/05/14

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