MondelĒz international and lotus bakeries join forces to expand the biscoff® brand in india and create co-branded chocolate innovations in key markets

Chicago and lembeke, belgium, june 13, 2024 (globe newswire) -- mondelĒz international (nasdaq: mdlz) and lotus bakeries (euronext: lotb) today announced a strategic partnership to expand and grow the lotus biscoff® cookie brand in india, and to develop exciting new chocolate products combining the unique, caramelized, crunchy biscoff® taste and texture with mondelĒz's iconic cadbury, milka and other key chocolate brands in europe, with the option to expand globally. this partnership provides new opportunities for both companies to accelerate their growth ambitions in the attractive cookie and chocolate categories, with potential options to expand into additional markets and/or adjacent segments.
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