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Mondelez Spins Off Coffee Brands | Food Manufacturing

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in July
Andy Szal, Digital Reporter

Snack food giant Mondelez announced plans to spin off its coffee brands, which will combine with the labels owned by D.E Master Blenders 1753 B.V. in a new joint venture.

The new company, called Jacobs Douwe Egberts, will have annual revenues of more than 5 billion euros and will be the world's leading company focused entirely on coffee.

http://www.foodmanufacturing.com/news/2015/07/mondelez-spins-coffee-brands
 

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