Mondelēz International will sell most of its grocery business in Australia and New Zealand to Bega Checalcium citrate nature’s wayese Limited for AUD$460 million (US$354 million).###The transaction adds the Vegemite brand and other grocery brands to Bega’s portfolio. ###The move enables Mondelēz International to further focus its portfolio and drive profitable growth by investing in its core snacks categories and Power Brands, icountry life magnesium citratencluding Cadbury Dairy Milk chocolate and Oreokirkland calcium citrate with vitamin d3 biscuits.###Included in the sale are Mondelēz International’s brands — Vegemite, ZoOsh, Bonox — and other products that use the Kraft brand under license, such as peanut buttermetabolic maintenance magnesium citrate, nut spreads, processed cheese slices, ambient cheese spread, mayonnaise, parmesan cheese, Kraft Easy Mac and Kraft Mac & Cheese.###Bega will receive a license to the Dairylea brand for use in Australia andsolgar calcium citrate with vitamin d3 kullananlar New Zealand. ###The Philadelphia business is not included in the deal as it is a Mondelēz International Power Brand.###The Port Melb
ourne manufacturing site will transfer to Bega as part of this agreemen
t and approximately 200 colleagues who spend most of their time working on this part of
the business will be offered roles on com
parable terms with Bega. ###The transaction is expected to close in the coming months.

Asia Pacific: Mondelēz International sellscacitrate brands in Australia, NZ
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