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Persons: we've, they've, Lauren Savoie, Sephora, I'm, I've, William Antonelli, James Brains, Jaclyn Turner, who's, Keepa, it's, Lisa Sabatini, It's, I'd, Sarah Saril, Amazon Organizations: Amazon, Logitech, Philips, Machine, Prime
Mondelez to Sell Trident, Other Gum Brands for $1.35 Billion
  + stars: | 2022-12-19 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Mondelez is selling its gum business in the U.S., Canada and Europe. Mondelez International Inc. said it has agreed to sell Trident , Dentyne and other gum brands in developed markets for $1.35 billion, part of the food company’s plan to focus on chocolates, cookies and other snacks. The buyer is Perfetti Van Melle Group, a candy maker known for global brands such as Mentos and Chupa Chups. Mondelez said the sale price represents a multiple of 15 times current year estimates for earnings before interest, taxes, depreciation and amortization.
Dec 19 (Reuters) - Oreo maker Mondelez International Inc (MDLZ.O) said on Monday it had agreed to sell its gum business, including brands such as Trident and Dentyne, in the United States, Canada and Europe to Perfetti Van Melle Group for $1.35 billion. Perfetti Van Melle, the European gum and confectionery maker behind brands such as Mentos, Alpenliebe and Chupa Chups, will also acquire Mondelez's manufacturing facilities in Rockford, Illinois and Skarbimierz, Poland. Mondelez put its developed markets gum unit, which also includes brands such as Bubbaloo and Bubblicious, under a strategic review after demand took a severe hit during the COVID-19 lockdowns. The company said it will continue to operate its gum business outside the United States, Canada and Europe. The parties have entered into exclusive arrangements for the sale of the business in the country, it said.
«ЛП»: – Сегодня компания «Ferex-GB» является крупнейшим местным производителем замороженных продуктов. Значительный рост потребления замороженных продуктов приходится на зиму, но у нас он не сильно ощутим, из-за жесткой конкуренции. «ЛП»: – У кого закупаете сырьё для изготовления замороженных продуктов? «ЛП»: – Кто Ваши основные конкуренты в нише замороженных продуктов? «ЛП»: - Каковы перспективы развития рынка замороженных полуфабрикатов?
Persons: Mercedes –, Chupa, Gallina Blanca, Perfetti Van Melle, Логоспресс, Юрий Зарицкий, Миксер, Александра ГНЕДЮК Organizations: ЛП, Программа минэкономики, Всемирный банк, ЕБРР, Традиции Вкуса, Левада, Левадой, МолдГУ Locations: Gallina, Турция, Молдова, Кишинев, Бэлць, США, Чикаго, НьюЙорк, Германия, Греция, Италия, Норвегия, Ирландия, Канада, Америка, Украина, Запад, Европа
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