Mondelēz International has opened a new regional supply chain distribution center in Sandston, Virginia to expand its supply chain footprint in North America. The new distribution site is part of the American snacks company’s $122.5 million investment over the next three years to ramp up its Henrico County operations. The facility will help Mondelēz achieve […]
Mondelēz International has signed a deal worth at least $2.9 billion to acquire Clif Bar & Company, an American maker of nutritious energy bars with organic ingredients. Clif Bar & Company will stand to receive additional contingent earnout consideration from the confectionary giant. Through the deal, Mondelēz International will add nutritious energy bar brands such […]
Mondelēz International has agreed to acquire a majority stake in Grenade, a UK-based sports performance and active nutrition brand, for an undisclosed price, in a move to expand into the broader snacking and fast-growing well-being segments. Grenade is the owner of the Carb Killa high protein bar, which is claimed to be the best-selling product […]
Food business news : General Mills and Mondelez have partnered to come up with new sour and sweet candy-flavored yogurt tubes in the United States starting this month. The new yogurt product range combines the Yoplait Go-Gurt yogurt of General Mills with the Sour Patch Kids candy of Mondelez, and will join the Yoplait Go-Gurt […]