Andros in talks to buy Carambar chocolate plant slated for closure [Yahoo! Finance]
Mondelez International, Inc. - Class A (MDLZ)
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm
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Source: Yahoo! Finance
Both companies “have found the basis for an agreement”, in which employees at the factory near Blois in the Loir-et-Cher department will be retained. In June, Terry's Chocolate Orange brand owner Carambar announced plans to close the Villebarou facility, which makes the Poulain line of chocolate, by the end of the year. At the time, the company said “none of the efforts made to find an industrial solution to ensure continued activity at the site had been successful”, putting 109 jobs at risk. If the deal goes through, family-owned Andros will continue production of chocolates at the site. Just Food has asked the companies to clarify if that includes Poulain chocolates and whether a licencing agreement is also involved. A search for a buyer for the Villebarou plant was widened beyond “the players in chocolate production”, according to the statement. Andros produces fruit desserts, jams, yogurts, peanut butter and plant-based puddings. It also manufactures juices and soft dri
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MDLZ
Earnings
- 7/30/24 - Beat
MDLZ
Sec Filings
- 9/11/24 - Form 4
- 8/28/24 - Form 8-K
- 8/23/24 - Form 424B2
- MDLZ's page on the SEC website