Hu

Snack and confectionery multinational Mondelez has announced the acquisition of Hu Master Holding, a US-based snack company. In 2019, Mondelez made a minority investment in Hu through its SnackFutures division. Hu is a family business founded in 2012 that has become a category leader in premium chocolate bars with a portfolio of products that includes snacking and baking chocolates, chocolate-covered nuts and berries, and grain-free crackers. “Hu is a strong strategic …

Mondelez, the US confectionery, food, and beverage multinational, has announced that it has made a minority investment in Hu Master Holdings, the owner of both Hu Products and Hu Kitchen, described as a fast-growing US-based snacking company. Hu is described as making minimally-processed, paleo-inspired foods with simple, real ingredients and was created by siblings Jason H Karp, Jordan Brown and Jessica Karp in 2012. The firm’s product line includes chocolate, …