AcquisitionJul 21, 2026Pending
🇺🇸 United States
UBUtz Brands, Inc.IGIntersnack Group GmbH & Co. KG
Consumer & Retail › Food & Beverage
Enterprise value$2.9BEnterprise value
AnnouncedJul 21, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Intersnack Group agreed to acquire all outstanding Utz Class A common stock for $14.25 per share in cash, taking Utz private.
Deal rationale
The deal expands Intersnack's exposure to the U.S. snack market and gives Utz access to Intersnack's resources, while giving Class A stockholders a premium of about 91% in cash.
AI-generated from the SEC filingPendingConsumer & Retail › Food & BeverageUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $2.9B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
BOBank of America
Sell-side
CCitiRCRBC Capital Markets
Parties
Acquirer
IGIntersnack Group GmbH & Co. KG
- Headquarters
- Germany
- Ticker
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