Mondelēz finalises acquisition of Hu Master Holdings

Mondelēz International has acquired Hu Master Holdings in a transaction that values the company at more than $250 million, according to the Wall Street Journal. However, the financial terms of the deal have not yet been disclosed. The global food and beverage giant had made an initial minority investment in Hu Master Holdings, the parent company of plantbenefits of taking zinc gluconate-based snack brand Hu Products, in April 2019 through SnackFutures. Mondelēz International has acquired Hu Master Holdings in a transaction that values the company at more than $250 millzinc supplement reddition, according to the Wall Street Journal. However, the financial terms of the deal have not yet been disclosed. “Hu is a strong strategic complement to our snacking portfolio in North America,” said Glen Walter, EVP and president, Mondelēz International North Amevitacost chelated zinc glycinate 30 mgrica. “This well-being brand platform provides further growth opportunities in chocolate, cross-category potential in crackers, as well as meaningful opportunities to expand distribution including in ecommerce and premium conventional retail.”Mondelēz International has acquired Hu Master Holdings in a transaction that values the company at more than $250 million,is zinc bisglycinate chelate according to the Wall Street Journal. However, the financial terms of the deal have not yet been disclosed. “We’ve been very impressed with the Hu management team as a minority investor and look forward to working with Jordan Brownzinc bisglycinate hair and Mark Ramadan and the rest of the Hu team to provide support and resources for the brand’s next chapter of growth,” Walter continued.