Mondelez International

Mondelez International is a leading global snack company, known for its diverse portfolio of brands in the snack food and confectionery sectors. The company was established in 2012 when Kraft Foods Inc. restructured, retaining its snack food business under the new name Mondelez International. The name 'Mondelez' is derived from the Latin word 'mundus' (world) and 'delez,' a fanciful modification of 'delicious.' Mondelez International's portfolio includes several billion-dollar brands, such as Oreo, Cadbury, Milka, and Toblerone. The company operates in approximately 160 countries and has an annual revenue of about $26.5 billion. Its headquarters are located in Deerfield, Illinois, United States. The company was originally part of Kraft Foods Inc., which was founded in Chicago in 1923. In 2012, Kraft Foods restructured, and the snack food business was retained under the new name Mondelez International, while the North American grocery business was spun off into a new company called Kraft Foods Group. The name 'Mondelez' is derived from the Latin word 'mundus' (world) and 'delez,' a fanciful modification of 'delicious.'