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  1. Home
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  4. Cadbury
Cadbury logo
Food & Beverage

Who Owns Cadbury?

Cadbury is owned by Mondelez International (NASDAQ: MDLZ), a publicly traded American food and beverage company headquartered in Chicago, Illinois. Mondelez acquired Cadbury in January 2010 for approximately $19.5 billion through its predecessor company Kraft Foods. Cadbury was founded in 1824 in Birmingham, England, and is one of the most recognized chocolate brands globally, operating in over 40 countries.

Parent Company

Mondelez International, Inc.

Acquired

2010

Status

Publicly Traded

Headquarters

Birmingham, West Midlands, England

Cadbury Timeline

1824

Cadbury

Founded by John Cadbury

Founded
2010
Acquired by Mondelez International, Inc.

Mondelez International, Inc. acquired Cadbury

Acquired
budgetmass marketGlobalrecycled materialsOfficial Website

Who Owns Cadbury?

  • Parent Company: Mondelez International, Inc.
  • Ownership Type: Wholly owned
  • Acquisition Year: 2010
  • Company Type: Publicly Traded
  • Stock Ticker: NASDAQ: MDLZ
BrandParent CompanyOwnership Type
CadburyMondelez International, Inc.Wholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonCadbury on Amazon

History of Cadbury

  • Founded: 1824
  • Founders: John Cadbury
  • Acquired by Mondelez International, Inc.: 2010

Cadbury was founded in 1824 by John Cadbury, a Quaker, in Birmingham, England. Cadbury opened a grocery shop at 93 Bull Street where he sold tea, coffee, cocoa, and drinking chocolate. The Quaker values of temperance and social reform influenced the business, as cocoa and chocolate were promoted as alternatives to alcohol.

In 1831, John Cadbury began manufacturing cocoa and drinking chocolate on a commercial scale. The business passed to his sons Richard and George Cadbury in 1861, who transformed it into a modern industrial enterprise. In 1866, the brothers introduced a new cocoa pressing technique that removed much of the cocoa butter, producing a less fatty drinking chocolate. This innovation gave Cadbury a significant competitive advantage.

The Cadbury brothers built Bournville, a model village for their workers, in 1879. Bournville included housing, parks, schools, and recreational facilities, reflecting the Cadbury family's Quaker principles of social responsibility. The Bournville factory remains Cadbury's primary UK manufacturing site today.

Cadbury Dairy Milk, the brand's signature product, was introduced in 1905. The recipe used a higher proportion of milk than previous chocolate bars, giving it a distinctive taste and lighter color. Dairy Milk became Cadbury's best-selling product and is one of the most recognized chocolate bars in the world. By 1914, Dairy Milk had become the company's largest selling product.

Cadbury merged with J.S. Fry & Sons in 1919, creating the largest confectionery company in the UK. The company expanded internationally, establishing operations in Australia (1919), New Zealand, South Africa, and India. Cadbury acquired Schweppes in 1969 to form Cadbury Schweppes, a combined confectionery and beverages company. In 2007, Cadbury Schweppes demerged its beverages business, and the confectionery company was renamed Cadbury plc.

Kraft Foods acquired Cadbury in January 2010 for approximately $19.5 billion. The acquisition was hostile, with Cadbury's board initially rejecting multiple offers before accepting a final bid of 840 pence per share. In 2012, Kraft spun off Mondelez International, and Cadbury became part of the new company.

Under Mondelez, Cadbury has continued to expand in emerging markets, particularly India, where it holds approximately 65% of the chocolate market. The brand has also introduced new product variants, including Cadbury Caramilk, Cadbury Twisted, and Cadbury Dairy Milk Veggie Bars. In 2024, Mondelez launched Cadbury Dairy Milk Lickables in India, targeting the children's segment.

About Mondelez International, Inc.

Is Mondelez International publicly traded?
Yes, Mondelez International is publicly traded on NASDAQ under ticker symbol MDLZ. The company has been publicly traded since its spin-off from Kraft Foods in October 2012. Institutional investors including Vanguard, BlackRock, and State Street are among the largest shareholders.

What is Mondelez's relationship to Kraft Foods?
Mondelez International was created in October 2012 when Kraft Foods Inc. split into two separate publicly traded companies. Mondelez retained the global snacking business, including brands like Oreo, Cadbury, and Ritz. Kraft Foods Group retained the North American grocery business and later merged with Heinz in 2015 to form Kraft Heinz. The two companies are completely independent.

What are Mondelez's most famous brands?
Mondelez's most recognized brands include Oreo (the world's best-selling cookie), Cadbury chocolate, Ritz crackers, Toblerone, Milka, Chips Ahoy!, Trident gum, Halls, and Clif Bar. Oreo, Cadbury, and Milka each generate more than $1 billion in annual revenue.

What was Mondelez's revenue in FY2025?
Mondelez reported FY2025 net revenues of $38.5 billion, up 5.8% from $36.4 billion in FY2024. Organic net revenue growth was 4.3%, driven by 8.0% pricing growth and a 3.7% decline in volume and mix. Diluted EPS was $1.89, down 44.7% from FY2024, primarily due to cocoa cost inflation and mark-to-market impacts.

Who is Mondelez's CEO?
Dirk Van de Put has served as CEO of Mondelez International since November 2017. Under his leadership, the company has pursued a focused snacking strategy, made strategic acquisitions including Clif Bar (2022) and Tate's Bake Shop (2018), and strengthened its position in emerging markets. He also serves as Chairman of the board.

Where is Mondelez headquartered?
Mondelez International is headquartered in Chicago, Illinois, USA. The company operates more than 80 manufacturing facilities worldwide across North America, Europe, Asia, Latin America, and the Middle East and Africa. The company is incorporated in Virginia.

What is Mondelez's 2026 outlook?
For FY2026, Mondelez expects organic net revenue growth of flat to 2% and adjusted EPS growth of flat to 5% on a constant currency basis. The company expects free cash flow of approximately $3 billion. Currency translation is expected to increase net revenue growth by approximately 2.0% and adjusted EPS by $0.06.

  • Founded: 2012
  • Headquarters: Chicago, Illinois, USA
  • Company Type: Publicly Traded
  • Stock: NASDAQ: MDLZ
  • Revenue: $38.5 billion (FY2025)
  • Employees: Approximately 91,000

Visit Mondelez International, Inc. website

View full company profile for Mondelez International, Inc.

Where Is Cadbury Made / Based?

  • Headquarters: Birmingham, West Midlands, England
  • Manufacturing / Operations: United Kingdom, Ireland, Australia, India, South Africa, United States

Cadbury Categories & Tags

ChocolateConfectioneryDairy MilkBritish BrandGlobal Brand

Cadbury Sustainability & Ethics

Cadbury operates under Mondelez International's sustainability framework, which includes the Cocoa Life program and Climate Action commitments.

Cocoa Life Program: Mondelez launched the Cocoa Life program in 2012, investing $400 million over ten years to promote sustainable cocoa farming. In 2024, Mondelez extended the program with an additional $600 million commitment through 2030. Cocoa Life focuses on improving farmer livelihoods, protecting forests, and building resilient communities in cocoa-growing regions including Cote d'Ivoire, Ghana, Indonesia, India, and the Dominican Republic. As of 2025, approximately 240,000 farmers participate in the program, and approximately 75% of Mondelez's cocoa volume is sourced through Cocoa Life.

Fairtrade Certification: Cadbury Dairy Milk was certified Fairtrade in the UK in 2009. However, in 2016, Mondelez transitioned Cadbury from Fairtrade certification to its own Cocoa Life program. This move was criticized by Fairtrade organizations, who argued that the Cocoa Life program lacked the independent certification and minimum price guarantee that Fairtrade provides. Mondelez stated that Cocoa Life provides more comprehensive support to farmers than Fairtrade alone.

Packaging: Mondelez has committed to making 100% of its packaging recyclable by 2025. As of 2024, approximately 93% of Mondelez's packaging was recyclable. Cadbury has introduced paper-based wrappers for some products in Australia and the UK as part of this commitment.

Carbon Emissions: Mondelez has committed to achieving net zero emissions across its value chain by 2050, with an interim target of a 50% reduction in Scope 1 and 2 emissions by 2030 against a 2018 baseline. The company reported a 24% reduction in Scope 1 and 2 emissions as of 2024.

Child Labor in Cocoa Supply Chain: The cocoa industry has faced ongoing scrutiny regarding child labor in West African supply chains. Mondelez has implemented child labor monitoring and remediation systems through the Cocoa Life program. The company reports that approximately 85% of Cocoa Life communities in West Africa have active child labor monitoring systems. Independent assessments by third parties have noted progress but acknowledged that the problem persists across the industry.

Awards & Recognition

Cadbury has received significant recognition over its 200-year history:

  • Royal Warrant: Cadbury has held a Royal Warrant from the British monarchy since 1854, initially from Queen Victoria. The warrant was renewed under Queen Elizabeth II and King Charles III. This designation recognizes Cadbury as an official supplier to the royal household.
  • BrandZ Top 100 Most Valuable Global Brands: Cadbury has been consistently ranked in the BrandZ Top 100, with a brand value estimated at approximately $6.8 billion in 2024.
  • YouGov BrandIndex: Cadbury has consistently ranked as one of the most positively perceived brands in the UK, frequently appearing in YouGov's top 10 brand rankings for the UK market.
  • Bournville Model Village Recognition: The Bournville village built by the Cadbury brothers has been recognized as a pioneering example of industrial worker welfare and is a conservation area designated by Birmingham City Council.

Cadbury Recalls & Controversies

Kraft Acquisition and Somerdale Factory Closure (2010-2011): During the 2009-2010 acquisition process, Kraft Foods pledged to keep Cadbury's Somerdale factory near Bristol operational. After completing the acquisition, Kraft announced the closure of Somerdale in 2011, eliminating approximately 400 jobs. The reversal drew severe criticism from UK politicians, trade unions, and the public. Kraft defended the decision, stating that the closure plans were already advanced when the acquisition was completed. The facility was closed and production was moved to Poland. This controversy remains a touchstone in discussions of foreign acquisitions of British companies.

2006 Salmonella Contamination: In 2006, Cadbury recalled over 1 million chocolate bars in the UK after detecting salmonella contamination at its Marlbrook production plant in Herefordshire. The contamination was linked to a leaking pipe that had been identified in January 2006 but not immediately addressed. Cadbury was fined £1 million in 2007 for food safety violations related to the incident. The company reviewed and upgraded its food safety protocols following the incident. No deaths were reported, but approximately 37 people fell ill with salmonella poisoning linked to the products.

2003 Worm Contamination (India): In October 2003, Cadbury India faced a crisis when worms were found in some Cadbury Dairy Milk bars in Maharashtra. The Maharashtra FDA suspended Cadbury's manufacturing license temporarily. Cadbury recalled affected products, upgraded packaging with double-sealed wrappers, and launched a reputation recovery campaign featuring Amitabh Bachchan. The brand recovered market share within 18 months. The incident led to stricter quality control standards across the Indian confectionery industry.

Palm Oil Usage (2009): In 2009, Cadbury replaced cocoa butter with palm oil in some New Zealand Dairy Milk formulations to reduce costs. The change was met with consumer backlash over both taste deterioration and environmental concerns related to palm oil production. Cadbury reverted to the original cocoa butter recipe within months. The incident highlighted consumer sensitivity to recipe changes in established products.

Fairtrade Certification Withdrawal (2016): Mondelez's decision to transition Cadbury from Fairtrade certification to its own Cocoa Life program in 2016 was controversial. Fairtrade International criticized the move, noting that farmers would lose the Fairtrade minimum price guarantee. Mondelez argued that Cocoa Life provided more comprehensive support. The transition was completed in 2017. Some consumers and ethical trading advocates continue to view the change negatively.

2023 Cadbury Caramilk Recipe Complaints: In 2023, some UK consumers complained that Cadbury had changed the Caramilk recipe, noting a different taste and texture. Cadbury stated that no recipe change had been made and that any perceived differences were due to normal manufacturing variations. No regulatory action was taken.

Brands Owned by Mondelez International, Inc.

MilkaFood Beverage

Milka

Owned by Mondelez International, Inc.

European milk chocolate brand owned by Mondelēz International, known for its lilac packaging and Alpine milk positioning. The best-selling chocolate tablet brand in Germany and Austria.

chocolateconfectioneryeuropean-brand
OreoFood Beverage

Oreo

Owned by Mondelez International, Inc.

American sandwich cookie brand consisting of two chocolate wafers with sweet cream filling, owned by Mondelez International and the world's best-selling cookie with annual retail sales exceeding $4 billion. Mondelez reported $36.4 billion in 2025 net revenues.

cookiesandwich-cookiesnack
RitzFood Beverage

Ritz

Owned by Mondelez International, Inc.

American brand of snack crackers known for their round, buttery flavor, produced by Mondelez International.

crackerssnacksbiscuits
TobleroneFood Beverage

Toblerone

Owned by Mondelez International, Inc.

Swiss chocolate brand founded in 1908 in Bern, known for its distinctive triangular shape and honey-almond nougat filling. Owned by Mondelez International since 2012.

chocolateswiss-chocolateconfectionery
TridentFood Beverage

Trident

Owned by Mondelez International, Inc.

Sugar-free chewing gum brand sold in over 50 countries, owned by Perfetti Van Melle since 2024.

chewing-gumsugar-freeconfectionery
View all brands owned by Mondelez International, Inc.

Cadbury Ownership: Pros & Cons

Advantages

  • +Access to Mondelez's global distribution network spanning approximately 150 countries
  • +Cocoa Life sustainability program with $1 billion total investment in farmer livelihoods and environmental protection
  • +Scale advantages from being part of the world's largest chocolate company by revenue
  • +Investment in manufacturing modernization, including £75 million at Bournville
  • +Strong market leadership positions in UK (33% share) and India (65% share)

Considerations

  • -The 2010 Kraft hostile takeover and Somerdale factory closure damaged the brand's reputation in the UK
  • -Transition from Fairtrade to Cocoa Life program was criticized by ethical trading advocates
  • -2006 salmonella contamination incident revealed food safety protocol failures
  • -Cocoa supply chain child labor concerns persist across the industry, including Mondelez
  • -Loss of independent British ownership remains a sensitive political and cultural issue in the UK

Frequently Asked Questions About Cadbury

Sources & Further Reading

  • Mondelez International 2025 Annual Report (SEC Filing)
  • Mondelez Investor Relations
  • Mondelez Cocoa Life Program
  • Cadbury UK Official Website
  • Cadbury India Official Website
  • UK Food Standards Agency: 2006 Cadbury Recall
  • Fairtrade International: Cadbury Certification History
  • BrandZ Top 100 Global Brands 2024
  • Wikidata: Cadbury
  • Open Food Facts: Cadbury Products
  • BBC News: Kraft Cadbury Acquisition Coverage

Competitors to Cadbury

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
AeroAero
Nestle
United Kingdom
1935
Mass marketEuropeAll-ages
CelebrationsCelebrations
Mars Inc
United Kingdom
1997
Mass marketEuropeAll-ages
Galaxy ChocolateGalaxy Chocolate
Mars Inc
United Kingdom
1960
Mass marketUnited kingdomAll Genders
MaltesersMaltesers
Mars Inc
USA
1936
Mass marketGlobalAll Genders
Baby RuthBaby Ruth
Ferrero
Italy
1921
Mass marketUnited statesAll-ages
ButterfingerButterfinger
Ferrero
USA
1923
Mass marketUnited statesAll Genders

Learn More About Competitors

AeroFood Beverage

Aero

Owned by Nestlé S.A.

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.

chocolateconfectionerysnacks
CelebrationsFood Beverage

Celebrations

Owned by Mars, Incorporated

British chocolate assortment brand featuring a variety of chocolate candies, owned by Mars, Incorporated and distributed globally.

chocolateassortmentcandies
Galaxy ChocolateFood Beverage

Galaxy Chocolate

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for smooth and creamy chocolate bars and confectionery products.

chocolatechocolate-barsconfectionery
MaltesersFood Beverage

Maltesers

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for malted milk balls covered in milk chocolate.

chocolateconfectionerymalted-milk-balls
Baby RuthFood Beverage

Baby Ruth

Owned by Ferrero

American chocolate candy bar with peanuts, caramel, and chocolate, founded in 1921 by Curtiss Candy Company and owned by Ferrero Group since January 2018.

chocolateconfectionerycandy
ButterfingerFood Beverage

Butterfinger

Owned by Ferrero

American candy bar brand known for its peanut butter and chocolate flavor, owned by Ferrero Group.

candy-barchocolatepeanut-butter

Competitive Analysis

Market Positioning: Cadbury competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Cadbury

Looking for brands with different ownership structures? These similar brands are not owned by Mondelez International, Inc., giving you alternative choices that support different corporate structures.

Baby RuthFood Beverage

Baby Ruth

Owned by Ferrero

American chocolate candy bar with peanuts, caramel, and chocolate, founded in 1921 by Curtiss Candy Company and owned by Ferrero Group since January 2018.

chocolateconfectionerycandy
Privately Owned

Baby Ruth is privately owned, unlike Cadbury which is under a publicly traded parent company.

ButterfingerFood Beverage

Butterfinger

Owned by Ferrero

American candy bar brand known for its peanut butter and chocolate flavor, owned by Ferrero Group.

candy-barchocolatepeanut-butter
Privately Owned

Butterfinger is privately owned, unlike Cadbury which is under a publicly traded parent company.

CrunchFood Beverage

Crunch

Owned by Ferrero

Milk chocolate and crisped rice bar introduced by Nestle in 1938, now produced in the United States by Ferrara Candy Company (Ferrero) and globally by Nestle.

chocolateconfectionerycandy
Privately Owned

Crunch is privately owned, unlike Cadbury which is under a publicly traded parent company.

SnickersFood Beverage

Snickers

Owned by Mars, Incorporated

American chocolate bar with nougat, caramel, peanuts, and milk chocolate, owned by Mars, Incorporated. The world's best-selling chocolate bar.

chocolatecandy-barconfectionery
Privately Owned

Snickers is privately owned, unlike Cadbury which is under a publicly traded parent company.

CelebrationsFood Beverage

Celebrations

Owned by Mars, Incorporated

British chocolate assortment brand featuring a variety of chocolate candies, owned by Mars, Incorporated and distributed globally.

chocolateassortmentcandies
Privately Owned

Celebrations is privately owned, unlike Cadbury which is under a publicly traded parent company.

Galaxy ChocolateFood Beverage

Galaxy Chocolate

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for smooth and creamy chocolate bars and confectionery products.

chocolatechocolate-barsconfectionery
Privately Owned

Galaxy Chocolate is privately owned, unlike Cadbury which is under a publicly traded parent company.

Mondelez International, Inc. Stock Information

Jobs at Mondelez International, Inc.

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Last reviewed: July 1, 2026 · Reviewed by Who Brands Editorial Team