Mondelez International, headquartered in Chicago, Illinois, is one of the world's largest snack food companies, known for producing iconic brands that are enjoyed in over 160 countries. The company was founded in 2012 after Kraft Foods Inc. was split into two entities – Kraft Foods Group and Mondelez International. Mondelez has focused on snack food products, including biscuits, chocolate, gum, candy, and powdered beverages. Some of its most well-known brands include Oreo, Cadbury, Toblerone, and Trident.
Mondelez International aims to empower people to snack right, offering both indulgent and healthy snacking options. The company has a strong focus on sustainability, with initiatives to reduce environmental impact and promote well-being. With a rich history rooted in the global food industry, Mondelez has become a leader in the snacking category, driven by its innovative products and global reach.
CEO and Founder of Mondelez International
Mondelez International was established in 2012 as part of the division of Kraft Foods Inc., and Irene Rosenfeld played a pivotal role in its formation as the CEO. She was responsible for overseeing the company’s transition into a global snacking powerhouse. Since 2017, Dirk Van de Put has taken over as CEO, leading the company with a focus on expanding its product portfolio and emphasizing sustainability. Under his leadership, Mondelez has continued to grow its market share, innovate in the snacking industry, and promote healthier snack options. Dirk Van de Put is known for modernizing the company’s approach and driving its digital transformation.
List of Top Companies Under Mondelez International
Mondelez International has acquired and partnered with various companies to expand its global presence and product offerings. Below is a list of some top companies and brands under Mondelez International, along with their estimated valuations:
| Brand/Company Name | Year Acquired | Valuation | Industry |
|---|---|---|---|
| Oreo | 1912 (Part of Nabisco) | Valued at approx. $2.8 Billion | Cookies/Biscuits |
| Cadbury | 2010 (Acquired) | Valued at approx. $19 Billion | Chocolate Confectionery |
| Toblerone | 1990 (Acquired with Kraft) | $3.3 Billion | Chocolate |
| Trident | 1978 (Acquired) | $3.4 Billion | Gum and Chewing Products |
| Chips Ahoy! | 1963 (Part of Nabisco) | $1.5 Billion | Cookies/Biscuits |
| Belvita | 2012 (Acquired) | $750 Million | Breakfast Biscuits |
| Ritz | 1934 (Part of Nabisco) | $1.8 Billion | Crackers |
| Halls | 1964 (Acquired) | $1.5 Billion | Cough Drops/Lozenges |
| Tate’s Bake Shop | 2018 (Acquired) | $500 Million | Premium Cookies |
| LU Biscuits | 2007 (Acquired) | $2 Billion | Biscuits |
FAQs About Mondelez International
Q1: When was Mondelez International founded, and how?
A: Mondelez International was founded in 2012 after Kraft Foods Inc. was split into two separate companies. Mondelez focuses on the global snack food market.
Q2: Who is the current CEO of Mondelez International?
A: The current CEO of Mondelez International is Dirk Van de Put, who took over in 2017.
Q3: What are the top brands under Mondelez International?
A: Some of the top brands owned by Mondelez International include Oreo, Cadbury, Toblerone, Trident, Chips Ahoy!, Belvita, and Ritz.
Q4: What is Mondelez International's market value?
A: Mondelez International has a market capitalization of over $90 billion, making it one of the largest snack companies globally.
Q5: Does Mondelez International have sustainability initiatives?
A: Yes, Mondelez International is committed to sustainability, focusing on reducing environmental impact, sourcing ingredients responsibly, and promoting healthier snacking options.
Q6: How does Mondelez International operate globally?
A: Mondelez International operates in over 160 countries, with a diverse product portfolio and a strong presence in the snack food industry.
