We knew that Mondelez had divestment plans for its gum business, but today appeared a press release announcing that Perfetti Van Melle is the company that is going to take over this part of the business. The production plants in US and Poland, and all the famous brands such as Trident, Dentyne, Bubalooo, etc will be now (pending of authorization from Authorities) part of the Italian player.
Mondelez keeps its gum business in other parts of the world (the factories in Brazil, Mexico, Thailand … and specially China, come to my mind)
It is interesting that some of these brands became part of Mondelez coming from the acquisition of Cadbury, and looking further back in time, we will find Warner Lambert and… Adams! Now, will be part of Perfetti in these markets. So, I wonder, are we going to see a Trident made by Perfetti in Europe and a Trident made by Mondelez in, let’s say South America? That’s going to be interesting.
You can see more details in these articles:
This move involving the second and third players in the chewing gum industry will shake the market and might trigger further moves.