Acquiring Company
Intersnack Group
Acquired Company
Utz Brands
Germany
HanoverFood and BeverageHospitalityFood ProcessingOtherFood and BeverageAgriculture and FarmingFood And BeverageHospitalityRetailFood ProcessingDescription
Intersnack Group has agreed to acquire Utz Brands in a deal valued at $2.9 billion. The acquisition prices Utz's Class A common stock at $14.25 per share, representing a significant premium. This move marks Intersnack's strategic entry into the U.S. snack market. The deal is expected to conclude in the fourth quarter of 2026.
Quick answer
Intersnack Group is acquiring Utz Brands for $2.9 billion, announced July 21, 2026. Intersnack Group is based in Germany.
- How much did Intersnack Group pay for Utz Brands?
- The reported deal value is $2.9 billion.
- What does Intersnack Group do?
- Intersnack Group is one of Europe's leading snack manufacturers, specializing in various snack foods.
- Where are Intersnack Group and Utz Brands based?
- Intersnack Group is based in Germany. Utz Brands is based in Hanover, Pennsylvania, United States.
Source: Fundz verified event record.
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Who to call at Intersnack Group, and when
When Intersnack Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Intersnack Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Intersnack Group, from your own LinkedIn network
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Frequently asked
Who acquired Utz Brands?
Utz Brands was acquired by Intersnack Group, based in Germany. The deal was reported on July 21, 2026. Intersnack Group is one of Europe's leading snack manufacturers, specializing in various snack foods. The company aims to expand its presence in the U.S. packaged food market through strategic acquisitions. Intersnack Group is privately held and operates in Food and Beverage.
When did Intersnack Group acquire Utz Brands?
Intersnack Group's acquisition of Utz Brands was reported on July 21, 2026. Intersnack Group has agreed to acquire Utz Brands in a deal valued at $2.9 billion. The acquisition prices Utz's Class A common stock at $14.25 per share, representing a significant premium. This move marks Intersnack's strategic entry into the U.S. 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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