Announced
Completed
Financials
Tags
Majority
Single Bidder
Friendly
Merger
Completed
Private
Food Products
snack foods
United States
Domestic
Reverse Takeover
Synopsis
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.