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Stock impact report

Mondelez International Acquires Hu, A Well-being Snacking Company

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: GlobeNewswire
Premium, well-being brand platform founded on simple ingredients, provides cross-category growth opportunities in snackingTransaction follows April 2019 minority investment through SnackFutures innovation hub CHICAGO, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Mondelez International (NASDAQ: MDLZ) today announced it has acquired Hu (as in “Human”) Master Holdings, the parent company of Hu Products, a fast-growing US-based snacking company offering high-quality snacks made from simple ingredients. Hu, which comes from the phrase “Get Back to Human”, is a purpose-led lifestyle brand with a devoted fan base. Founded in 2012 as a family business by Jason H. Karp and siblings Jordan Brown and Jessica (Brown) Karp, Hu began as Hu Kitchen in New York City, a high-end restaurant and market focused on delicious foods with simple, real ingredients. The company went on to expand its award-winning vegan and paleo-friendly chocolate bars, which follow a strict set of Ultrasimple™ ingredient guardr Show less Read more
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