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Mondelez International Inc Buys Vitasnella Snack Brand From Danone SA-Reuters
Reuters reported that Mondelez International Inc is buying Italy's Vitasnella snack brand from French foods maker Danone SA for an undisclosed sum as part of its consolidation plans in Europe. Danone will keep the Vitasnella brand for yogurt and cheese. Neither Danone or Kraft disclosed financial details. Mondelez could not be reached for comment. The group employs about 100,000 people in more than 80 countries, of which 1,500 are in Italy.
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