Mondelez International

Mondelez International is an American multinational food and beverage company that specializes in the production of snack foods, candy, and other confectionery products. The company was formed in 2012 when Kraft Foods Inc. split into two separate publicly traded companies. Mondelez International focuses primarily on the snack food industry, with a portfolio of well-known brands such as Oreo, Ritz, Cadbury, Toblerone, and Trident.

Japp chocolate bar

History

The roots of Mondelez International can be traced back to the National Dairy Products Corporation (NDPC), which was founded in 1923. NDPC went on to merge with Kraft Foods in 1928, creating the largest dairy company in the United States. Over the years, Kraft Foods expanded its product line to include a variety of snacks and confectionery products.

In 2011, Kraft Foods announced that it would be splitting into two separate companies: a grocery-focused company, Kraft Foods Group, and a snack-focused company, which would later become Mondelez International. The split was completed in 2012, with Mondelez International becoming an independent company.

Since its inception, Mondelez International has continued to expand its product line and global presence. The company has made several acquisitions over the years, including the Cadbury chocolate brand in 2010 and the Enjoy Life Foods brand in 2015.

Products

Mondelez International's product line includes a wide range of snack foods and confectionery products. Some of the company's most well-known brands include:

Oreo Ritz Cadbury Toblerone Trident Chips Ahoy! Sour Patch Kids Dentyne Halls Milka In addition to these popular brands, Mondelez International also produces a variety of other products, such as crackers, biscuits, gum, and candy.

Sustainability

Mondelez International has made sustainability a key focus in its business operations. The company has set a number of sustainability targets, including reducing its environmental impact, sourcing sustainable ingredients, and supporting the communities in which it operates.

One of Mondelez International's most ambitious sustainability targets is to achieve zero net greenhouse gas emissions by 2050. The company is also committed to sourcing 100% of its cocoa, palm oil, and coffee from sustainable sources by 2025.

Controversies

Mondelez International has faced criticism over the years for a variety of reasons. In 2014, the company was accused of avoiding taxes in the United Kingdom by shifting profits to Switzerland. The company denied the allegations but faced public scrutiny.

Mondelez International has also been criticized for its labor practices. In 2016, workers at a Mondelez International plant in Chicago went on strike to protest the company's decision to move production to Mexico. The move resulted in the loss of hundreds of jobs in the United States.

External links

Mondelez International official website

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