Utz Brands To Acquire Festida Foods
Utz Brands, Inc. (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, announced that its...
Source: foodonline.com
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Utz Takes on Tortilla Chip Producer Festida Foods
Image courtesy of Pixabay Representative image The $41 million transaction will support Utz’s On The Border tortilla chips brand and expand its portfolio of salty snacks. American salty snacks manufacturer Utz Brands Inc. announced this week that it has entered into a definitive agreement to purchase chips and snacks manufacturer Festida Foods from Great Lakes Festida Holdings Inc. and related entities for $41 million. Festida Foods produces corn chips, tortilla chips and pellet snacks and is currently the largest manufacturer of Utz’s On The Border brand of tor...
Source: powderbulksolids.com