Utz Brands (UTZ) Reports Acquisition of Festida Foods

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Utz Brands to Acquire Festida Foods

May 11, 2021 6:00 AM EDT

Acquisition Vertically Integrates Largest Supplier of the Companys ON THE BORDER® Tortilla Chip Brand

HANOVER, Pa.--(BUSINESS WIRE)-- Utz Brands, Inc. (NYSE: UTZ) (Utz or the Company), a leading U.S. manufacturer of branded salty snacks, announced that its subsidiaries have entered into a definitive agreement with Great Lakes Festida Holdings, Inc. and related entities, to acquire all of the assets, including the real estate located in Grand Rapids, MI, related to the operation of Festida Foods (Festida Foods or Festida). Festida Foods is a leading manufacturer of... More