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Mondelez

Gum & candy producer as well as various cheese & grocery and powdered beverage products in certain markets. #1 Globally in the Biscuits market

Categories

Retail and Consumer Goods  

#146

Rank

$97.24B

MarketCap US

US United States

Country

Summary

Mondelez International is an American multinational food and beverage company that produces a wide range of snack products, including cookies, crackers, chocolates, and chewing gum. The company was originally founded as the National Dairy Products Corporation (NDPC) in 1923, and it has since gone through several mergers and acquisitions to become the global corporation it is today. Mondelez International is now one of the largest snack food companies in the world, with brands such as Oreo, Chips Ahoy!, Ritz, Cadbury, Toblerone, and Trident. Today, the company has a presence in more than 160 countries and employs over 80,000 people worldwide. The company's mission is to become the leading snacking company in the world.


History

Mondelez International is an American multinational food and beverage company that produces a wide range of snack products, including cookies, crackers, chocolates, and chewing gum. The company was originally founded as the National Dairy Products Corporation (NDPC) in 1923, and it has since gone through several mergers and acquisitions to become the global corporation it is today.

NDPC was formed by Thomas H. McInnerney, who had previously worked for the American Dairy Products Institute, and it focused on producing and distributing dairy products. Over time, the company began to expand its product line to include other food and beverage items. In 1928, the company changed its name to Kraft-Phenix Cheese Corporation after merging with the Phenix Cheese Company.

The company continued to grow through a series of acquisitions, including the acquisition of the National Biscuit Company (Nabisco) in 1928. In 1930, Kraft-Phenix changed its name to Kraft-Phenix Cheese and Nabisco, and it continued to operate under that name until 1969 when it changed its name to Kraftco Corporation.

In 1980, Kraftco Corporation merged with Dart Industries to become Dart & Kraft, Inc. The new company continued to expand through acquisitions, including the acquisition of Jacobs Suchard, a Swiss chocolate and coffee company, in 1990. In 1995, Dart & Kraft spun off its non-food business and changed its name to Kraft Foods Inc.

In 2012, Kraft Foods Inc. split into two separate publicly traded companies: Kraft Foods Group, which focused on grocery products in North America, and Mondelez International, which focused on snacks and confectionery products globally. Mondelez International is now one of the largest snack food companies in the world, with brands such as Oreo, Chips Ahoy!, Ritz, Cadbury, Toblerone, and Trident.

Today, Mondelez International has a presence in more than 160 countries and employs over 80,000 people worldwide. The company's mission is to become the leading snacking company in the world, and it continues to innovate and introduce new products to meet the evolving needs and preferences of consumers around the globe.

 

 


Mission

Mondelez International's mission is to become the leading snacking company in the world. The company aims to achieve this by offering a wide range of high-quality snack products that meet the evolving needs and preferences of consumers around the globe. Mondelez International is committed to innovation, sustainability, and responsible business practices, and it strives to create value for its shareholders, customers, and employees while making a positive impact on the communities where it operates.


Vision

Mondelez International's vision is to create delicious moments of joy in every consumer's life. The company aims to achieve this by providing high-quality snack products that are enjoyed by people all over the world. Mondelez International believes that snacking should be a fun and enjoyable experience, and it is committed to creating products that bring happiness and pleasure to its consumers. The company's vision is closely tied to its mission of becoming the leading snacking company in the world, and it is focused on delivering sustainable, profitable growth while maintaining its commitment to responsible business practices and making a positive impact on society.


Key Team

Edward Rieck (Founder)

Fred Walker (Founder)

Henning Holst (Founder)

Holger Sorensen (Founder)

James Kraft (Founder)

Jean Lefevre (Founder)

Johan Holst (Founder)

John Cadbury (Founder)

Pauline Utile (Founder)


Recognition and Awards
Mondelez International has received numerous awards, including being ranked #495 on the Fortune Global 500 list, winning a Silver Stevie Award for Milka's Innovative Sponsorship of the National, winning the Asia Responsible Entrepreneurship Awards, receiving a Bronze Cube from The OREO Doomsday Vault, and winning a Bronze Clio Award for OREO x Pokémon.

Products and Services

Mondelez International produces and distributes a wide range of snack products, including cookies, crackers, chocolates, and chewing gum. Some of the company's most popular brands include Oreo, Chips Ahoy!, Ritz, Cadbury, Toblerone, and Trident. In addition to these brands, Mondelez International also produces a variety of other snacks, such as belVita breakfast biscuits, Milka chocolate, Halls cough drops, and Tang powdered beverages. The company's main product and service are the production and distribution of high-quality snack products that are enjoyed by consumers around the world. Mondelez International is committed to innovation and creating new products that meet the evolving needs and preferences of its customers. The company also provides marketing and promotional support for its products, and it works closely with retailers to ensure that its products are available to consumers in a variety of settings, from convenience stores to supermarkets.


References
Mondelez
Leadership team

Adolphus Green (Founder)

Carl Suchard (Founder)

Industries

Retail and Consumer Goods

Products/ Services
Baby food, Coffee, Dairy products, Breakfast cereals, Confectionery, Bottled water, Ice cream, Pet foods
Number of Employees
Above 50,000
Headquarters
Chicago,Illinois,U.S.
Established
1923
Company Registration
SEC CIK number: 0001103982
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
MDLZ
Social Media

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