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Arla Foods acquires Kraft-branded Cheese Business in Middle East and Africa from Mondelēz International

Arla Foods of Denmark has acquired Mondelēz International’s Kraft-branded Cheese Business in the Middle East and Africa (MEA). The region’s cheese consumption per capita is still lower than that of Europe, but it is growing, an Arla spokesperson tells FoodIngredientsFirst. The region is Arla’s largest market outside of Europe, with sales expected to reach €560 million (US$638 million) this year. The move will reportedly enable Mondelēz to focus on faster-growing snack categories, including its core Chocolate, Biscuits and Gum & Candy offerings.

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