FDBusiness.com

Mondelēz International Makes Minority Investment in Healthy Lifestyle Snacking Company

 Breaking News

Mondelēz International Makes Minority Investment in Healthy Lifestyle Snacking Company

Mondelēz International Makes Minority Investment in Healthy Lifestyle Snacking Company
April 25
15:21 2019
Spread the love

Mondelēz International has made a minority investment in Hu Master Holdings, the parent company of both Hu Products and Hu Kitchen, a fast-growing US-based snacking company offering minimally processed, high-quality snacks. This is the second venture investment Mondelēz International is making as part of SnackFutures, its innovation and venture hub aimed at unlocking snacking growth opportunities around the world. The investment falls into two of SnackFutures’ high-growth strategic priorities: well-being and premium.

“As the global snacking leader, we’re on a mission to lead the future of snacking and push the boundaries of what’s possible. Investing in Hu offers our company an opportunity to do exactly that,” explains Tim Cofer, executive vice president and chief growth officer of Mondelēz International. “The Hu brand sits at the convergence of key growing consumer trends. Building on its initial success in chocolate, we believe there’s an exciting opportunity to continue expanding the Hu proposition into a broad health-focused snacking platform across categories. And, with an in-house test kitchen and insights lab, they have a unique ability to quickly test and learn.”


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

    Subscribe Here



    Advertisements