Mondelez International Sells Certain Gum Brands To Gerrit J. Verburg

Candy & Snack Today reports that Mondelez International has sold iconic Beemans, Black Jack and Clove stick gum brands to Gerrit J. Verburg Co. for an undisclosed amount. The gum products have not been on the market for four years, however there appears to be "pent-up demand," according to Gerrit Verburg, president of Gerrit J. Verburg. The article states that Verburg is calling the response from retailers overwhelming and orders are outpacing estimates. The product will begin shipping in November and have a suggested retail price of 79 to 99 cents.