Mondelez International

Trident is one of the brands being sold by Mondelēz to Perfetti Van Melle. Pic: Mondelēz

Analyst reaction to transaction

Mondelēz sells part of gum business to rival Perfetti Van Melle for $1.3bn

By Anthony Myers

Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.

Snacking behavior holds strong in face of inflation, says Mondelēz

Snacking behavior holds strong in face of inflation, says Mondelēz

By Mary Ellen Shoup

In the face of inflation and consumer price sensitivity, Mondelēz International saw positive volume growth and price resiliency across its snacking portfolio especially in its core areas of snacking and chocolate, reported chairman and CEO Dirk Van de...

Mondelēz emerges from pandemic 'stronger than ever', says CEO

Mondelēz emerges from pandemic 'stronger than ever', says CEO

By Mary Ellen Shoup

Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put.

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