Joint Venture

Mondelez GCC sales director John Stephenson (centre) meets JV partners Khaled S. Olayan (left) and Salah Algosaibi (right)

Mondelez eyes Saudi expansion with new JV

By Oliver Nieburg

Cadbury owner Mondelez International has entered a joint venture to expand distribution in Saudi Arabia, which it calls an “important and strategic market” in the region.

Puratos and Grand-Place sign the joint venture agreement

Puratos inks Vietnam JV with chocolatier

Puratos Group has inked a joint venture in Vietnam with Belgian chocolatier Grand-Place to seize on surging demand in the bakery, patisserie and chocolate sectors in the country.