Lebanon Businessnews News
 

Cadbury Adams factory to shut down
Will be replaced by regional representative office
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Cadbury Adams, a global confectionary owned by Mondelez International, will shut down its factory in Zouk Mikael. The company has already submitted a request to the Ministry of Labor to cease its operations.

James Cordahi, Mondelez International’s Director of Corporate and Government Affairs - Middle East & Africa, “The company’s strategy is to reduce the number of factories in the region, hence the decision to shut down the factory in Lebanon as it is one of our smallest in the region.” Mondelez International, a public stock company, owns 20 factories in the MENA region.

The company will also shut down its factory in Morocco, said Cordahi.
Cadbury Adams produces different kinds of chocolates, biscuits, chewing gums, candies, and beverages. Its brands include names like Tang, Chiclets, Oreo, LU, Clorets, and Halls.

The company’s local factory produced three brands: Chiclets, Clorets, and Halls. Cordahi said: “We will not leave Lebanon permanently, since our representative office will continue operating to distribute our products.” The offices in Beirut will be the regional hub for Lebanon, Syria, and Jordan.

Around 100 employees will be dismissed following the closedown, out of a total of 150 employees. The remaining 50 employees will continue to work at the representative office. “Fair compensations will be given to the dismissed employees,” said Cordahi.”
Reported by Rania Ghanem
Date Posted: Jun 12, 2013
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