Summary
Mondelez International Inc., headquartered in the Chicago suburb of Deerfield, Illinois, is one of two successor companies from the October 1, 2012 split-up of Kraft Foods. The company name was created by employees and is hybrid of the Latin word for world (mundus) and a modification of ‘delicious.’ The other company is called Kraft Heinz. Mondelez sells products in over 150 countries and has operations in approximately 80 countries and production facilities in 45 countries. The company regularly uses the term ‘Power Brands,’ to describe its largest global and regional brands. Under the biscuit banner, these include Oreo cookies
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