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New Deal


Announced

Completed

Utz Quality Foods completed the acquisition of Direct Store Delivery Snacks business from Conagra Brands.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Food Products

Acquisition

United States

Private

snacks

Friendly

Single Bidder

Completed

Synopsis

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Utz Quality Foods, the largest family‐managed, privately held, salty snack company in the United States, completed the acquisition of Direct Store Delivery Snacks business, from Conagra Brands, a branded food company. Financial terms were not disclosed. "We are excited about the opportunity to add these important brands and capabilities to our portfolio. These brands bring a strong consumer following and unique craft heritage. Their distribution and manufacturing capabilities, along with their customer relationships, enhance our ability to further grow our brand portfolio further west," Dylan Lissette, Utz Chief Executive Officer.

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