date:Jul 14, 2014
ez sells outside North America, as well as regional cheese brands Sottilette and El Caserio. Mondelez, based in Deerfield, Illinois, split off from Kraft Foods Inc. in 2012.
Thomas Armitage, a spokesman for Mondelez Europe, declined to comment on whether the separation is intended to lead to a sale or spinoff.
Cheese and grocery, the companys smallest segment, will account for only 10 percent of Mondelezs European sales once the coffee business departs, Mitchell said. Chief Executive Officer I