Renew. To support expected demand, the company will invest in 14 greenfield plants by 2020, to be built on advantaged platforms in locations with optimized logistics. Mondelez International is rooted in the National Dairy Products Corporation (National Dairy), which was founded on December 10, 1923, by Thomas H. McInnerney and Edward E. Rieck. Launched on Oct. 1, 2012, following the spin-off of our North American grocery operations to shareholders, Mondelēz International is a new company in name and strategy. We’re a big company. By 2020, the volume produced on advantaged assets will rise from 15 percent today to about 80 percent. The snack-food company, called Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group. Finally, Myers highlighted the focus on improving cash management by addressing all the levers of the cash conversion cycle, including Days Sales Outstanding, inventory levels and suppliers' payment terms. Leveraging experience from more than a dozen leading Consumer Packed Goods (CPG) companies, the team is transforming manufacturing processes and partnering with suppliers to develop more efficient, modular designs for global product platforms. US giant Kraft Foods, owner of UK chocolate maker Cadbury, has decided to name its new global snacks business Mondelez. Find the latest Institutional Holdings data for Mondelez International, Inc. Class A Common Stock (MDLZ) at Nasdaq.com. It is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word "delicious. But we believe, above all, in one thing – something that’s unique to us – and that’s the power of big and small. Mondelēz International empowers people to snack right in over 150 countries around the world. "In Europe, we're targeting an improvement of 250 basis points in OI margin, which we also expect to reach by 2016. The Cadbury and Oreo brands owner already has a minority stake … The company, which is a subsidiary of US giant Mondelez International, recorded a 740 per cent jump in profit for the year to 31 December, with turnover rising to £1.66bn from £1.65bn. Empowering People to Snack Right Mondelēz International empowers people to snack right in over 150 countries around the world. Are you looking for a job in FMCG? We’re there with the favorite brands you know and trust, such as Ritz, Oreo, Chips Ahoy!, belVita, Triscuit and Wheat Thins, as well Trident gum and HALLS cough drops.Newtons and Honey Maid have been around for 75 years or more.Oreo brand just celebrated its 100th birthday in 2012. It was structured so that Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly traded company. [23] The name of the newly-merged company would be Jacobs Douwe Egberts. The split was completed in October 2012. [28] The acquisition was completed on June 7, 2018. Launched on Oct. 1, 2012, following the spin-off of our North American grocery operations to shareholders, Mondelēz International is a new company in name and strategy. Taste the excitement and passion we experience every day at Mondelēz International. The company is also driving major productivity improvements through Lean Six Sigma, procurement transformation and simplification programs. Mondelez International is rooted in the National Dairy Products Corporation (National Dairy), which was founded on December 10, 1923, by Thomas H. McInnerney and Edward E. Rieck. 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