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Mondelēz International sells MEA cheese business

Arla Foods new owner

May 31, 2019

Mondelēz International logo

Mondelēz International has sold its Kraft-branded cheese business in the Middle East and Africa, as well as its Bahrain cheese manufacturing site, to Denmark-based Arla Foods. Mondelēz International will continue to own the Philadelphia cream cheese brand and Jocca cottage cheese.

Mondelēz International Inc.

Marco Settembri, left, is retiring from his position as executive vice president and CEO Zone Europe for Nestlé. Guillaume Le Cunff, currently CEO of Nespresso, will become CEO Zone Europe.

Nestlé Appoints New CEO Zone Europe

After 36 years at Nestlé, Marco Settembri is retiring from his position as executive vice president and CEO Zone Europe. Guillaume Le Cunff will move from leading Nespresso to take over as CEO Zone Europe.

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