M&A Deal Summary

Utz Brands Acquires Inventure Foods

On October 26, 2017, Utz Brands acquired food company Inventure Foods for 165M USD

Acquisition Highlights
  • This is Utz Brands’ 3rd transaction in the Food sector.
  • This is Utz Brands’ 2nd largest (disclosed) transaction.
  • This is Utz Brands’ 3rd transaction in the United States.
  • This is Utz Brands’ 1st transaction in Arizona.

M&A Deal Summary
Date 2017-10-26
Target Inventure Foods
Sector Food
Buyer(s) Utz Brands
Deal Type Add-on Acquisition
Deal Value 165M USD
Advisor(s) Rothschild Global Advisory (Financial)

Target

Inventure Foods

Phoenix, Arizona, United States
Inventure Foods, Inc. is a marketer and manufacturer of specialty food brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names, including Boulder Canyon Foods™, TGI Fridays™, Nathan's Famous®, Vidalia Brands®, Poore Brothers®, and Tato Skins®, Bob's Texas Style®.

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Buyer(S) 1

Buyer

Utz Brands

Hanover, Pennsylvania, United States
Category Company
Founded 1921
Sector Food
Employees3,400
Revenue 1.4B USD (2023)
DESCRIPTION

Utz Brands is a manufacturer and marketer of snack foods. Utz Brands produces a full line of snack products including potato chips, pretzels, cheese snacks, corn products and popcorn. Utz Brands was founded in 1921 and is based in Hanover, Pennsylvania.

DEAL STATS #
Overall 3 of 10
Sector (Food) 3 of 8
Type (Add-on Acquisition) 3 of 8
State (Arizona) 1 of 1
Country (United States) 3 of 10
Year (2017) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-10 Keystone Pretzel Bakery

Lititz, Pennsylvania, United States

Keystone Pretzel Bakery is a provider of snacks, particularly its Oatzels oat bran pretzels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-31 Kitchen Cooked

Farmington, Illinois, United States

Kitchen Cooked, Inc. is a manufacturer and distributor of snack foods. Kitchen Cooked is based in Farmington, Illinois.

Buy -
Mergr

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