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Intersnack Group to acquire Utz Brands, Inc.

PRIVATEAug 11, 2026about 2 hours ago

Acquiring Company

Intersnack Group GmbH & KG

Acquired Company

Utz Brands

GermanyHanoverManufacturingFood and BeverageHospitalityFood ProcessingOtherFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood Processing

Description

Intersnack Group GmbH & Co. KG is set to acquire Utz Brands, Inc., with stockholders receiving $14.25 per share. The fairness of this acquisition is currently under investigation by Levi & Korsinsky, LLP. Concerns have been raised regarding whether the merger price reflects Utz's true value. The investigation aims to ensure that all material facts have been disclosed to stockholders.

Company Information

Company

Intersnack Group GmbH & KG

Location

Germany

About

Intersnack Group GmbH & Co. KG is a leading snack manufacturer in Europe, specializing in the production of savory snacks such as crisps, nuts and pretzels. The company operates numerous brands across multiple countries. Intersnack is known for its commitment to quality and innovation in the snack food market.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Utz Brands?

Utz Brands was acquired by Intersnack Group GmbH & KG, based in Germany. The deal was reported on August 11, 2026. Intersnack Group GmbH & Co. KG is a leading snack manufacturer in Europe, specializing in the production of savory snacks such as crisps, nuts and pretzels. Intersnack Group GmbH & KG is privately held and operates in Manufacturing.

When did Intersnack Group GmbH & KG acquire Utz Brands?

Intersnack Group GmbH & KG's acquisition of Utz Brands was reported on August 11, 2026. Intersnack Group GmbH & Co. KG is set to acquire Utz Brands, Inc., with stockholders receiving $14.25 per share. The fairness of this acquisition is currently under investigation by Levi & Korsinsky, LLP. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Utz Brands do?

Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands including Utz®, ON THE BORDER® Chips & Dips, Golden Flake®, Zapp’s®, Good Health®, Boulder Canyon®, Hawaiian® Brand, and TORTIYAHS!®, among others. It is publicly traded (UTZ), operating in Other, and is based in Hanover.

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