Acquiring Company
Mondelēz International
Acquired Company
Undercover Snacks
Description
Mondelez International has agreed to acquire a majority stake in Undercover Snacks, a New Jersey maker of chocolate-covered quinoa snacks. The deal was disclosed with Mondelez's fiscal 2026 third-quarter results on October 29 and is expected to close in early 2027. Financial terms were not disclosed, and founder Diana Levy will continue to lead Undercover as a stand-alone business within Mondelez's North America Ventures unit.
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Frequently asked
Who acquired Undercover Snacks?
Undercover Snacks was acquired by Mondelēz International, based in Chicago. The deal was reported on October 29, 2026. Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. Mondelēz International is publicly traded (MDLZ) and operates in Food and Beverage.
When did Mondelēz International acquire Undercover Snacks?
Mondelēz International's acquisition of Undercover Snacks was reported on October 29, 2026. Mondelez International has agreed to acquire a majority stake in Undercover Snacks, a New Jersey maker of chocolate-covered quinoa snacks. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Undercover Snacks do?
Undercover Snacks is a fast-growing snack brand known for creating delicious and healthier snack options, such as chocolate quinoa crisps. They focus on integrating high-quality, nutrient-dense ingredients and driving innovation within the snack industry. It is privately held, operating in Food and Beverage, and is based in New Jersey.
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