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Current Position:Home » News » Processed Foods » Confectionary » Topic

Mondelez eyes Saudi expansion with new JV

Zoom in font  Zoom out font Published: 2013-01-23  Origin: confectionerynews  Authour: Oliver Nieburg+  Views: 55
Core Tip: Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.
MondelezThe confectionery giant has partnered with the Olayan Group, and Khalifa Algosaibi Group to increase distribution in the market through the newly inaugurated Mondelēz Arabia for Trading LLC.

The joint venture will based in Dhahran and the partners eventually plan to set up 11 branches across major cities in the market.
 
 
 
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