Mondelez sells Huesitos, Tokke brands

07/16/2013 | FoodNavigator

Mondelez has sold its Huesitos and Tokke brands to Chocolates Valor in a deal that includes a chocolate factory in Ateca, Spain. Through a spokesperson, Mondelez said it had not been planning on selling the brands and factory until it "received expressions of interest" that were determined to be "the best solution, both for the company and for the Ateca plant." Mondelez will maintain operations and move the plant that produces candy and gum under the Respiral brand after the sale.

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