Mondelez will operate Enjoy Life Foods as a separate, wholly owned subsidiary. The transaction was a simultaneous sign-and-close deal. New beverages boast immunity-boosting ingredients. Welcome to FUTURELIFE ® the home of Smart Nutrition. I also appreciate your products being reasonably priced so many different families can enjoy the product options." Creating delicious moments of joy in 165 countries, Mondelez International is a world leader in biscuits, chocolate, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Oreo, LU and Nabisco biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolate; Trident gum; Jacobs coffee and Tang powdered beverages. "We're thrilled! America's biggest food makers are growing increasingly serious about better-for-you products in the snacking category, a $374 billion global industry that's growing about 2% annually, according to a recent Nielsen Global Survey of Snacking. Financial terms were not disclosed. “We’re excited about the extraordinary potential of this business and the entrepreneurial team leading it. About 8% of children have at least one food allergy, he says, and one in five households have a family member with a food allergy or a food intolerance. A link has been posted to your Facebook feed. Design, CMS, Hosting & Web Development :: Mr. Mandell and other members of the Enjoy Life Foods leadership team will continue to run the company, according to Mondelēz. Growth, which research firm Euromonitor estimates could reach $18 billion by 2016, is being driven not just by folks with allergies, but by consumers who want to be free from these ingredients. Logo - http://photos.prnewswire.com/prnh/20121003/MM86695LOGO Logo - http://photos.prnewswire.com/prnh/20150216/175690LOGO, Cision Distribution 888-776-0942 Mondelez International will operate Enjoy Life Foods as … “Enjoy Life offers an excellent brand promise that’s trusted by their loyal and engaged consumers,” Mr. Clouse said. To … We welcome you to contact us anytime using one of the forms below, emailing us directly at support@enjoylifefoods.com. Mandell, who remains CEO, says he hopes to expand into salty snacks, crackers and some other chocolate products. These are the only sweets he gets so we buy a lot of it. About Mondelez International Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2014 revenue of $34 billion. Mandell and other members of the Enjoy Life leadership team will continue to lead the company. Mondelez buys into the fast-growing, allergy-free food segment. You may have news to share, questions to ask, or you might just want to say a friendly “hello”. For Mondelez, with annual revenue of $34 billion last year, it's part of an effort to improve its products. Please see Mondelez International's risk factors, as they may be amended from time to time, set forth in its filings with the U.S. Securities and Exchange Commission, including its most recently filed Annual Report on Form 10-K. Mondelez International disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation. But after he started the company, his wife, Dana, who has suffered stomach ailments, went gluten free and dairy free. In addition, Enjoy Life Foods will operate as a separate, wholly-owned subsidiary of Mondelēz. While the below products do not use the ingredient directly, there could be indirect contact on a production line or from a supplier that has the ingredient in their facility. Enjoy Life Foods is the leading brand in the fast-growing free from food category. Even the maker of Oreo cookies is buying into the world of health snacks. Enjoy Life will run as a separate company. Builds on Strategy to Expand in Fast-Growing 'Better-for-You' Snacks. "As we focus on continuing to drive growth in snacking, the acquisition of Enjoy Life Foods is a great strategic fit for us," said Mark Clouse, Chief Growth Officer at Mondelez International. Enjoy Life Foods manufactures cookies, bars, mixes and cereals. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. We are looking for individuals who are passionate about their professional career growth to fuel our continued growth at our Chicago HQ and Jeffersonville bakery. “As we focus on continuing to drive growth in snacking, the acquisition of Enjoy Life Foods is a great strategic fit for us,” said Mark Clouse, chief growth officer for Mondelēz International. Driving many consumers towards better-for-you foods: fear. Let friends in your social network know what you are reading about. All Enjoy Life Foods. Mandell and other members of the Enjoy Life leadership team will continue to lead the company. By Mandell's estimates, roughly 50% of buyers of Enjoy Life products have food allergies or have close family members who do. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. are certified gluten free and free from nuts, dairy, and soy. Mondelez, which also makes such familiar snack brands as Cadbury, Chips Ahoy and Ritz, on Monday announced the acquisition of Enjoy Life Foods, which specializes in allergy-free snack foods. Enjoy Life's products are free from the eight most common allergens – wheat, dairy, peanuts, tree nuts, egg, soy, fish and shellfish – which together account for about 90 percent of all food allergies. © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. Visit www.mondelezinternational.com or follow us on Twitter at www.twitter.com/MDLZ. "People care more about what they're putting in their bodies.". Words, and variations of words, such as "will," "expect" and similar expressions are intended to identify these forward-looking statements, including, but not limited to, statements about the transaction and the potential of the acquired business. Enjoy Life Foods products(Photo: Enjoy Life). As we combine our great brand, market leadership and passion for our consumers with the global resources, scale and marketing expertise of Mondelez International, I'm confident this relationship will enable us to reach even greater heights," said Scott Mandell, CEO and Founder of Enjoy Life Foods. Mondelez International will operate Enjoy Life Foods as a separate, wholly owned subsidiary to continue to nurture its entrepreneurial spirit, but will provide back-office support and access to its global resources. Mondelez International is a proud member of the Standard and Poor's 500, NASDAQ 100 and Dow Jones Sustainability Index. But the other 50% of Enjoy Life customers buy the brand not because of allergies, but because they believe the ingredients can contribute to a healthier lifestyle. Nicole N. "We LOVE Enjoy life and eat a variety of their products on a daily basis. He is 3 and loves the cookies and bars! A link has been sent to your friend's email address. At FUTURELIFE ® we understand the importance of nutrition in achieving healthy and happy lives.. "The Enjoy Life brand expands our portfolio into faster growing, on-trend, 'better-for-you' areas and provides an excellent platform to make these delicious offerings available to consumers with 'free-from' needs or simply looking for healthy-lifestyle options, both in the United States and beyond.". No, Mandell … — Mondelēz International has acquired Enjoy Life Foods, Schiller Park, Ill., a manufacturer of “free-from” foods that include cookies, bars, mixes and cereals. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, http://photos.prnewswire.com/prnh/20121003/MM86695LOGO, http://photos.prnewswire.com/prnh/20150216/175690LOGO. Now, says Mandell, her stomach problems are gone. The $12 billion "free-from" market in the United States is large and growing at strong double-digit rates1, driven by an increasing incidence of food allergies and food intolerances as well as consumers adopting "free from" as a healthy-lifestyle option.
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