Mondelēz International Acquires Well-being Snacking Company

The purchase provides Mondelēz further growth opportunities in chocolate, cross-category potential in crackers, and opportunities to expand its distribution.

Jan 4th, 2021

Mondelēz International has acquired Hu Master Holdings, the parent company of Hu Products, a U.S.-based snacking company and category leader in premium chocolate, that offers high-quality snacks made from simple ingredients.

Mondelēz International will operate Hu as a separate business, with all products being produced at its current manufacturing facilities. Financial terms of the deal were not disclosed.

Mondelēz International Inc.

Cargill Planning to Build Soybean Processing Facility in Missouri

The facility will support growing domestic and global demand for oilseeds driven by food, feed, and fuel markets, and offer farmers year-round access to grain markets.

News Bel Groupe

Bel Group Names Cécile Béliot as Chief Executive Officer

Following his suggested separation of the functions, Antoine Fiévet, current chairman and CEO of the Bel Group, will remain as chairman of the board.

Maple Leaf Foods President and COO Curtis Frank

Maple Leaf Foods Moving Forward With Leadership Transition Plan

Michael McCain has become executive chair of the board and is continuing to serve as CEO through 2022, while president and COO Curtis Frank is to become CEO next year.

Mergers and acquisitions are hampering collaboration.

Consolidation Threatening CPG-OEM Relationships

The shift in the CPG-OEM relationship from transactional to strategic collaboration has hit a snag.

Levi Christenberry, PSSI Southcentral division vice president of operations

PSSI Promotes New SVP and VP

Operational leaders, Dawn Winsauer and Levi Christenberry, take on new roles.

Your recipe, automated to perfection

Your recipe, automated to perfection

Whether it's storing, sifting, metering, weighing or transferring, Shick Esteve is your complete flour reclaim and ingredient automation systems provider.

Krysta Harden (right) of the U.S. Dairy Export Council led a panel discussion at the Cheese Expo in Milwaukee.

From Cheese Expo: Sustainability, Supply Chain, Export Markets Key Topics Among Dairy Producers

Given current supply chain obstacles, it has been difficult getting products to consumers around the world. But the fact remains that U.S. dairy producers have great opportunities and need to drive the sustainability and food safety narrative.

Pssi Presiden Doug White

PSSI Promotes Doug White and Monty Christenberry to New Positions

White will serve as the company’s new president, while Christenberry will be PSSI’s new chief operating officer.

Sargento Plymouth Exterior

Sargento Foods to Acquire Baker Cheese Factory

The acquisition will bring Sargento innovation and leadership to Baker’s specialized craftsmanship at a time when cheese snacking sees high demand.

Conagra Brands Names Lucy Brady as President of Grocery and Snacks

In her new role, Brady will lead the ongoing modernization and growth of Conagra’s grocery and snack portfolio, focusing on products that reflect evolving consumer demand and trends.

Barry Callebaut to Invest $104 Million in New Chocolate Factory

The site in Ontario, Canada, with an initial annual capacity of 50,000 metric tonnes of liquid and molded chocolate production, represents the company’s biggest capital investment in a factory in North America.

Your recipe, automated to perfection

Your recipe, automated to perfection

Whether it's storing, sifting, metering, weighing or transferring, Shick Esteve is your complete flour reclaim and ingredient automation systems provider.

Jack Link’s Building $450 Million Facility

Scheduled to open in late 2023, Jack Link’s new meat snack plant in Perry, Ga., will be the company’s first U.S. location outside the Midwest.

Mc Cormick President And Coo Brendan Foley

McCormick Names Brendan Foley as President and COO

In his newly created role, current President Global Consumer, Americas, and Asia Foley will have responsibility for all of McCormick’s business units and its supply chain worldwide.

FDA Issues Draft Action Levels for Lead in Juice

The agency is moving to limit lead in ready-to-drink apple juice and other single-strength juices and juice blends, supporting its Closer to Zero action plan that sets forth the FDA’s science-based approach to reducing exposure to toxic elements in foods.

Mondelēz to Pay $1.3 Billion for Mexico’s Leading Confectionery Company

Iconic chocolate and candy brands, including Ricolino, Vero, La Corona, and Coronado, will complement the Mondelēz portfolio and accelerate the company’s growth in the high-priority Mexico market.

LIVE from ELC: The Millennial Mindset on Money, Career, Communication, and Benefits

Generational researcher Jason Dorsey explains the culture shift happening as Millennials move into management roles.

Mars to Build New Global Research and Development Hub

The multi-million dollar investment will create Mars Wrigley’s largest innovation center in the world for snacks and treats, inspiring the next generation of new products to support the company’s iconic global snacks and treats brands.

AquaBounty Building 10,000 Metric Ton Land-based Salmon Farm

The new Atlantic salmon farm will generate a lower carbon footprint compared to flying in salmon produced overseas, ease pressure on wild salmon stocks, and use natural resources responsibly and sustainably.

Coca-Cola has produced 900 prototype bottles made from 100% plant-based content.

Coca-Cola, Suntory Cross the 100% Plant-Based Bottle Finish Line

After more than a decade of rigorous R&D work and significant investments with their respective partners, Coca-Cola and Suntory each unveil first-of-their-kind beverage bottle prototypes made from 100% bio-based PET, ready for commercial scale-up.

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French authorities have confirmed epidemiological, microbiological, and traceability work revealed a connection between Buitoni brand Fraîch’Up frozen pizzas and dozens of E. coli infections in children.

Tyson Foods Building New Facility in Alabama

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Purina Pet Care Blayney Factory

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Smithfield Foods Receives Manufacturing Leadership Awards for Sustainability

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Triangle Vp Ralph Henandez

Ralph Hernandez Retiring from Triangle Package Machinery

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Bimbo Canada Compostable Clips

Bimbo Canada to Save 200 Metric Tonnes of Single-use Plastic Annually

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Keurig Dr Pepper CEO Stepping Down

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Del Monte Foods Aims to Achieve Net Zero by 2050

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Anheuser Facility

Anheuser-Busch Investing $50 Million in St. Louis Brewery

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Levi Christenberry, PSSI vice president of operations for the southcentral division

PSSI Promotes New SVP and VP

Operational leaders, Dawn Winsauer and Levi Christenberry, take on new roles

Admix Announces Acquisition of Danish Company Diaf Pilvad

The acquisition represents a significant step forward for Admix in expanding dispersion and agitation product lines and service offerings.