Mondelez calls $1.8 billion review

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Cadbury: review ends seven-year relationship between the Mondelez brand and PHD UK.
Cadbury: review ends seven-year relationship between the Mondelez brand and PHD UK.

Dentsu Aegis Network and SMG will go head-to-head for global media business.

Mondelez International, the owner of Cadbury and Oreo, has kicked off a review of its $1.8 billion global media planning and buying account.

The contest, which is the latest in a slew of global media pitches by international corporations over recent months, will be a shoot-out between Dentsu Aegis Network and Starcom Media­Vest Group.

Dentsu Aegis Network manages most of the Mon­delez business in Western and Central Europe and Asia-Pacific. SMG works with the company in the Americas, including on the $200 million US business, and in markets across Eastern Europe, the Middle East and Africa such as Russia, Turkey and Ukraine.  

The process ends a seven-year relationship between PHD UK and Cadbury.

Aegis picked up the majority of Mondelez’s $301 million (£200 million) European media planning and buying business in 2012.

The $61 million (£40 million) UK account, however, was retained by PHD.

PHD has worked on Cadbury since 2008. In 2010, the agency beat SMG in a head-to-head contest for the consolidated Kraft business after its purchase of Cadbury.

Mondelez did not return a request for comment.

This article first appeared on campaignlive.co.uk.