Jack Roberto ‘25 pitched Mondelēz International Inc. (NASDAQ: MDLZ) on October 7, 2024. Mondelēz International is a multinational food and beverage company headquartered in Chicago, Illinois. The company holds a dominant market share and is a global leader in the evolving food products and snacking space. Mondelēz International has built a robust and diverse portfolio of over 40 different product offerings, and is best known for numerous popular products such as Oreo, Ritz, Cadbury, Chips Ahoy!, and Toblerone. The company operates in roughly 80 countries, and serves customers in over 150 countries globally.
Jack’s investment thesis was centered around the company having a dominant global presence, a strong brand portfolio, being part of a resilient consumer staples sector, and showing promising growth both organically and through acquisitions. SMIF voted to purchase approximately $54,000 worth of MDLZ, funded through the sale of XLP.