Mondelez taps Carat for US and UK media

Snacks giant completes its global review to replace PHD

Mondelez International has moved its $200 million US and £40 million ($61 million) UK media accounts into Carat, following a global review.

The UK incumbent is PHD but the Omnicom agency decided not to repitch for the account when the review kicked off earlier this year.

Carat has picked up the US media planning and buying work from Publicis Groupe’s MediaVest. Carat will also work with the Cadbury-owner in Asia-Pacific.

The Starcom Mediavest Group network has retained Mondelez’s Eastern Europe, Middle East and Africa region and Latin America.

Bonin Bough, the chief media and e-commerce officer, said: "Centralizing our media buying with Aegis and SMG offers us a significant opportunity to drive enterprise-level efficiencies that can be re-invested in our long-term growth.

"It also enables us to build our capabilities in key areas of our growth strategy, like e-commerce, content monetization and data-driven insights."

Campaign revealed Mondelez was reviewing its media business in June.

This article first appeared on campaignlive.co.uk.

Subscribe today for just $116 a year

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.com , plus get exclusive discounts to Campaign events

Become a subscriber

GET YOUR CAMPAIGN DAILY FIX

Don’t miss your daily fix of breaking news, latest work, advice and commentary.

register free