Kraft in £200m media and digital agency rethink

Kraft Foods, the Swiss-based company, is set to review its estimated £200 million European media planning and buying arrangements, including the £39 million account held by PHD in the UK.

Cadbury: PHD is the incumbent on the media account
Cadbury: PHD is the incumbent on the media account

The move follows Kraft’s decision to spin off its North American grocery division from its global snacks business, which was approved by the company’s directors earlier this month.

Separately, Kraft has also issued an RFI to digital and media agencies ahead of a European review of its digital relationships.

Omnicom’s PHD was awarded the Cadbury account in 2008 and added the Kraft business in 2010 after going head-to-head against Kraft’s agency Starcom. This was prompted by Kraft’s £12 billion takeover of Cadbury.

WPP’s Mindshare works with Kraft in parts of Western Europe, Aegis Media handles the business in Bulgaria and Starcom MediaVest Group looks after parts of Eastern Europe.

Chrystel Barranger has recently taken the new role of vice-president, snacking and marketing services at Kraft.

As well as Cadbury, the group’s brands also include Carte Noire, Kenco, Dairylea, Philadelphia, Oreo and Ritz.

Derek Luddem, the area media manager for the UK, Ireland and Nordic at Kraft Foods, declined to comment on its plans to review.

Subscribe to Campaign from just £57 per quarter

Includes weekly and quarterly print issues, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Look out for the invisibles and introverts in your agency
Shares0
Share

1 Look out for the invisibles and introverts in your agency

By cultivating a clubbable culture, agencies are ostracising talented introverts, writes Andy Jex, the executive creative director at Saatchi & Saatchi London.

Just published