|
November 2, 2021: 12:00 AM EST
The Pennsylvania-based manufacturer of salty snacks announced that its subsidiaries will acquire RW Garcia Holdings, LLC (Scott's Valley, Calif.). Founded in 1982, RW Garcia is a family-owned and operated artisan maker of organic tortilla chips, crackers, and corn chips. All of its products are non-GMO verified, certified gluten-free, low sodium, kosher, and free of artificial additives or preservatives. RW Garcia has strong capabilities in better-for-you tortilla chips, crackers, and corn chips. The $56 million deal will enable strong supply chain synergies, enhance Utz’s ability to expand distribution of existing brands, and supplement the better-for-you product portfolio, the company said. Utz says RW Garcia is complementary to Utz's June 2021 acquisition of Michigan-based Festida Foods.
Erin Hallstrom, "Utz Acquiring RW Garcia for $56 Million", Food Processing, November 02, 2021, © Food Processing
|
Domains
FOOD BUSINESS NEWS
Market Segments
News
Companies
Market News
Strategy
Savory Snacks
Geographies
Worldwide
North America
United States of America
Categories
Business News
Companies
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Products & Brands
|