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November 3, 2026 · Industry Watch

Mondelez moves to acquire Undercover Snacks

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The proposed deal adds chocolate-covered quinoa snacks positioned as a more permissible indulgence.

Mondelez is set to buy Undercover Snacks, Food Business News reports, expanding its portfolio with chocolate-covered quinoa products.

The snacks are positioned around the combination of better-for-you appeal and indulgence, reflecting demand for treats that consumers may regard as more permissible.

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