June 10, 2013 /PRNewswire/ -- Mondelez International (NASDAQ: MDLZ) today announced the launch of its new range of Nespresso®* compatible espresso capsules, while continuing to boost investment in its
Tassimo multi-beverage product. The new capsules will launch with the
Carte Noire brands in
France, Germany, and
Switzerland in the second half of 2013.
system is one of the fastest growing single-serve systems in
. The company's aim is to create a billion dollar global
brand. The launch of
compatible capsules is an important part of the company's coffee strategy and marks another significant investment in
, Global Vice President, Strategy, Marketing and Innovation, Coffee, said: "Our new range of compatible capsules represents increased competition in the fast-growing single-serve coffee sector and is a significant commercial opportunity for Mondelez International. With the launch of these capsules and our stepped-up activities and investment in
, we will cement our position as the fastest growing single-serve business and the world's second largest coffee company."
Weening added: "We will continue to give consumers great-tasting and sustainably-sourced products across
at a price that is competitive.
favorite coffees and our capsules will provide consumers with the freedom to prepare the coffee they love in the manner they like."
Mondelez International's range of coffee products includes roast and ground, single-serve and instant coffee under leading brands such as
Jacobs, Carte Noire, Tassimo
. These, along with
powdered beverages, represent 17 percent of the company's turnover.
is the leading premium coffee brand in
along with a number of markets in Central and
and is steadily building a premium position in other markets. Meanwhile,
is one of Mondelez International's billion dollar brands and traces its premium coffee origins to 1895 in
Mondelez International is committed to sustainably sourcing 100 percent of coffee beans for its European coffee brands by 2015 and recently announced a further commitment through its "Coffee Made Happy" initiative. This will see it invest a minimum of
to empower one million coffee farming entrepreneurs by 2020. The program is designed to help the next generation of farmers through training and capacity building, as well as attracting new generations to the small-scale farming sector.
About Mondelez International
Mondelez International, Inc. (NASDAQ: MDLZ) is a global snacking powerhouse, with 2012 revenue of
. Creating delicious moments of joy in 165 countries, Mondelez International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as
Cadbury, Cadbury Dairy Milk
Milka chocolate, Jacobs coffee, LU, Nabisco
powdered beverages and
. Mondelez International is a proud member of the Standard and Poor's 500, NASDAQ 100 and Dow Jones Sustainability Index. Visit
This press release contains forward-looking statements. Words, and variations of words, such as "will," "aim," "grow," "build," "commit," and similar expressions are intended to identify our forward-looking statements, including, but not limited to, statements about the success of the launch of our coffee capsules in
and about our future growth and share performance. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from those indicated in our forward-looking statements. Such factors include, but are not limited to, continued volatility of commodity and other input costs, pricing actions, continued global economic weakness, and competition. Please also see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 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.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts