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Utz acquires On The Border tortilla chips


Utz acquires On The Border tortilla chips
Updated Jan 14, 2021;
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Utz has acquired a company that makes tortilla chips, salsa and queso.
Utz Brands Inc. announced last month that it had completed the acquisition of Truco Enterprises, a portfolio company of Insignia Capital Group. that sells the products under the On the Border brand for 480 million, subject to a customary post-closing purchase price adjustment.
The acquisition includes the On the Border trademarks in the manufacture, sale, and distribution of snack food products in the United States and certain other international markets.
Utz said that the acquisition strengthens its national geographic footprint. ....

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