Mondelez International

Mondelēz International, Inc.
FormerlyKraft Foods Inc.
Company typePublic
ISINUS6092071058 Edit this on Wikidata
Industry
FoundedDecember 10, 1923; 100 years ago (1923-12-10) (as Kraft Foods Inc.)
Chicago, Illinois, U.S.
October 1, 2012; 12 years ago (2012-10-01) (current form)[1]
Founders
  • Thomas H. McInnerney
  • Edward E. Rieck
HeadquartersChicago, Illinois, U.S.
Area served
Worldwide
Key people
Dirk Van de Put (chairman​ and CEO)
ProductsConfectionery
Brands
List
RevenueIncrease US$36.02 billion (2023)
Increase US$5.502 billion (2023)
Increase US$4.968 billion (2023)
Total assetsIncrease US$71.39 billion (2023)
Total equityIncrease US$28.37 billion (2023)
Number of employees
91,000 (2023)
Subsidiaries
Websitemondelezinternational.com
Footnotes / references
[2]

Mondelez International, Inc. (/ˌmɒndəˈliːz/ MON-də-LEEZ),[3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago.[4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries.[5] It ranked No. 108 in the 2021 Fortune 500 list of the largest United States corporations by total revenue.[6]

The company has its origins as Kraft Foods Inc., which was founded in Chicago in 1923. The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its North American grocery business was spun off to a new company called Kraft Foods Group. The name is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word "delicious."[7][8][9]

The Mondelez International company manufactures chocolate, cookies, biscuits, gum, confectionery, and powdered beverages. Mondelez International's portfolio includes several billion-dollar components, among them cookie, cracker, and candy brands Belvita, Chips Ahoy!, Oreo, Ritz, TUC, Triscuit, Nabisco, LU, Sour Patch Kids, Barny, and Peek Freans; chocolate brands Milka, Côte d'Or, Toblerone, Cadbury, Green & Black's, Freia, Marabou, and Fry's; gum and cough drop brands Trident, Dentyne, Chiclets, Halls, and Stride; as well as Tate's Bake Shop cookies and powdered beverage brand Tang.[10]

Mondelez Canada holds the rights to Christie Brown and Company, which consists of brands such as Mr. Christie, Triscuits, and Dad's Cookies. Its head office is in Toronto, Ontario, with operations in Brampton, Hamilton, Ontario and Montreal, Quebec.

  1. ^ "Our history". Mondelez International.
  2. ^ "US SEC: 2023 Form 10-K Mondelez International". U.S. Securities and Exchange Commission. February 2, 2024. Retrieved February 2, 2024.
  3. ^ De La Merced, Michael J. (March 21, 2012). "Kraft, 'Mondelez' and the Art of Corporate Rebranding". The New York Times. Archived from the original on January 30, 2013. Retrieved December 4, 2022.
  4. ^ "About Us". Mondelēz International, Inc. Archived from the original on January 15, 2021. Retrieved December 9, 2020.
  5. ^ "Corporate fact sheet – 2018" (PDF). Archived from the original (PDF) on October 4, 2018.
  6. ^ "Fortune 500". Fortune. Retrieved November 7, 2021.
  7. ^ Strom, Stephanie (May 23, 2012). "For Oreo, Cadbury and Ritz, a New Parent Company (Mondelez Is New Name for Kraft's Snack Foods Company)". The New York Times. California. Archived from the original on May 25, 2012. Retrieved August 25, 2015.
  8. ^ "Kraft Foods Proposes Mondelēz International, Inc. As New Name For Global Snacks Company". Corporate-IR (Press release). Archived from the original on January 14, 2016. Retrieved November 22, 2012.
  9. ^ Chernev, Alexander (March 22, 2012). "What's in a Name? Krafting the Mondelez Brand". Bloomberg. Archived from the original on May 25, 2016. Retrieved January 28, 2021.
  10. ^ "Our Brands". Mondelēz International, Inc. Retrieved December 9, 2020.