.
MergerLinks Header Logo

New Deal


Announced

Completed

Collier Creek completed the merger with Utz Quality Foods in a $1.6bn deal.

Financials

Edit Data
Transaction Value£1,231m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales22x
EV/EBITDA25.13x
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Single Bidder

Friendly

Merger

Completed

Private

Food Products

snack foods

United States

Domestic

Reverse Takeover

Synopsis

Edit

Collier Creek, a special purpose acquisition company, completed the merger with Utz Quality Foods, a manufacturer of branded salty snacks, in a $1.6bn deal. “Our partnership with Utz brings together the financial and human capital of Collier Creek with an exceptional 100-year-old company that has significant competitive advantages and runway for profitable growth. Utz is an iconic company with a strong portfolio of beloved snack brands, growing positions in the salty snack category, and a competitively advantaged manufacturing and distribution network. We are excited to partner with Dylan and the talented Utz management team to execute our proven operating playbook and drive value for all of our stakeholders," Roger Deromedi, Collier Creek Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US