Mondelez calls $1.85 billion media review

Mondelez International, the owner of Cadbury and Oreo, has kicked off a review of its $1.85 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.  

Aegis picked up the majority of Mondelez’s $300 million European media planning and buying business in 2012.

Mondelez did not return a request for comment.