WF_1170x120_6-19-20

Mondelez International

Mondelez acquires Tate’s Bake Shop

Mondelez acquires Tate’s Bake Shop

NEW YORK — Food giant Mondelez International has agreed to acquire cookie maker Tate’s Bake Shop for about $500 million, looking to address changing consumer tastes. Tate’s is best known for its chocolate chip cookies with a green-and-white label on the bag. The Southampton, N.Y., company also makes gift baskets with items such as brownies,

FMI presents leadership awards

FMI presents leadership awards

MIAMI – The Food Marketing Institute (FMI) on Saturday recognized three executives at its Midwinter Executive Conference here. According to FMI president and CEO Leslie Sarasin, who presented the awards, the honorees share a legacy of achievement in trade relations, entrepreneurial spirit and statesmanship. “Our industry is rooted in a commitment to people and communities,” Sarasin

Mondelez named to Dow Jones sustainability index

Mondelez named to Dow Jones sustainability index

DEERFIELD, Ill. — Mondelez International has been named to the Dow Jones Sustainability Index (DJSI) for the 12 consecutive year. The DJSI is a globally recognized independent benchmark that conducts assessments of a company’s economic, environmental and social performance with a focus on long-term value for shareholders. “The Dow Jones Sustainability Index is a gold

Mondelez to license Cadbury biscuits brand

Mondelez to license Cadbury biscuits brand

DEERFIELD, Ill. — Mondelēz International on Friday announced an agreement to purchase from Burton’s Biscuit Co. a license to manufacture, market and sell Cadbury-branded biscuits around the world, including in the UK, France, Ireland, North America and Saudi Arabia. The deal is subject to regulatory approval. “Ownership of the Cadbury biscuits license offers us exciting