Sweet Deal Solidifies Global Offering, Creating $50 billion company
While with the new acquisition Kraft will still trail Mars in the category, it will undoubtedly allow Kraft to continue to see growth in both emerging markets and convenience channels, as well as existing retail and grocery channels. But how big is big enough? Does the company (and brand) associated in the US as the “Cheesiest” have a right to play in the sweets category? Does instant consumption confection have a place within a portfolio of otherwise healthy products and brands?