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Mondelez Hopes To Extend Its Snack Line With Acquisitions Of Healthy Snack Companies

September 21, 2020: 12:00 AM EST
As consumers watch their weight, and investors and governments urge action on obesity, the $81 billion Ill.-based maker of Oreo cookies, Cadbury chocolate, and Ritz crackers, is looking to acquire healthier snack brands. The company has made healthy snacks a priority as it diverts billions of dollars’ worth of investments in coffee companies JDE Peet’s and Keurig Dr Pepper. CEO Dirk Van de Put criticized increasingly popular sugar taxes in an interview with the Financial Times, saying they were overly “restrictive” to consumers and would limit the potential for his company to invest. [Image Credit: © Mondelēz International]
"Market Chatter: Mondelez International Seeking To Expand Healthy Snacks Lineup Through Acquisitions", Financial Times, September 21, 2020, © The Financial Times Ltd.
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