- Mondelez International (NASDAQ:MDLZ -0.9%) says it will invest $50M in its factory in the U.K.
- The action falls under a broader plan to sink $1.5B into European manufacturing.
- What to watch: The investment in the Banbury plant will help increase capacity for Tassimo beverage capsules as Mondelez looks for market share gains in the single-serve category.
Mondelez International to boost capacity for Tassimo brand
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Symbol | Last Price | % Chg |
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MDLZ | - | - |
Mondelez International, Inc. |