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Utz Brands Enters Agreement to Acquire Clem Snacks and J&D Snacks; Steve Liantonio Comments

Utz Brands Enters Agreement to Acquire Clem Snacks and J&D Snacks; Steve Liantonio Comments


HANOVER, PA
Monday, January 24th, 2022

The snacking sector is continuously seeing growth, as shoppers are constantly in search of quick and easy options to satisfy their day-to-day cravings. Salty snack company Utz Brands is building its prowess in this sector, as it recently announced its subsidiaries have entered into a definitive agreement to acquire the assets of Clem Snacks and J&D Snacks.

Steve Liantonio, Senior Vice President, National Sales Operations, Utz Brands“We are excited to build on the solid foundation and stellar reputation that the Clem and J&D teams have built. These two key distribution partners have been representing and distributing Utz’s brands in the five boroughs of New York City and Long Island, New York, over the last 25 years, and we look forward to working closely with our independent operator network to expand and grow our expansive portfolio of brands in this vibrant and diverse market,” said Steve Liantonio, Senior Vice President, National Sales Operations of Utz. “The opportunity for growth and expansion remains robust, and we are poised to drive it to new heights.”

Over the past two decades, Utz has been aligning with New York retailers to expand its presence and increase distribution, resulting in accelerated sales growth of Utz’s Power Brands, including Utz®, Zapp’s®, ON THE BORDER® Chips & Dips, and more. With these acquisitions, Utz will increase its investment in the New York City region and provide enhanced retailer support with increased distribution facilities and sales management, higher service velocity, and an expanded route distribution system, according to a press release.

Utz Brands recently announced its subsidiaries have entered into a definitive agreement to acquire the assets of Clem Snacks and J&D Snacks

Under the terms of the definitive agreement, the assets of Clem and J&D will be acquired by subsidiaries of Utz. The financial terms of the deal were not disclosed, and the transaction is subject to customary closing conditions, expected to close in the first quarter of 2022.

Stay up to date on the latest acquisitions in the snacking and specialty sectors and more with Deli Market News.

Utz Brands
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