Mondelēz takes majority stake in Undercover Snacks
Bitget2026/10/30 15:55- Mondelēz International is taking a majority stake in Undercover Snacks to accelerate the snack maker's innovation, distribution and growth.
- Undercover will remain a standalone business within the North America Ventures unit, retaining its existing management team.
- Diana Levy will remain CEO; Michael Levy will serve as president and chief operating officer.
- The Levys will retain a significant minority stake and serve on Undercover's board.
- Undercover's chocolate-covered and frosted quinoa crisps are sold in more than 25,000 retail locations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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