Mondelēz set to acquire majority interest in refrigerated bars company

Mondelēz is planning to acquire a majority interest in San Diego-headquartered Perfect Snacks, a refrigerated nutrition bars company known for its organic, non-GMO and nut butter-based ingredients. Perfect Snacks will operate as a separate business, and its current leadership will continue to run it. No financial details were disclosed about the deal, which is expected to close later this summer.