The Republic Inventure Foods Inc., a Phoenix-based maker of Poore Brothers chips and other snacks and frozen products, has agreed to be acquired for $165 million. Privately held Utz Quality Foods LLCwill buy all of Inventure's outstanding stock for $4 a share in cash. The purchase price includes $75 million in assumed debt. The transaction, which was approved by the boards of both companies, requires approval by Inventure shareholders. It is expected to close before Dec. Oct 27, 2017 - Privately held Utz Quality Foods LLCwill buy all of Inventure's. Determined that this transaction will deliver immediate and certain cash value. Install iphoto on mac. Mac Tools Franchise Route for sale in the Philadelphia, Pennsylvania region for. Wholesale distribution route for Utz, Bachman and Gibbles snack products in the. Delivery• Current Contract ISP• 9 Ground Routes• 9 Full Time Drivers and 1. ![]() Utz Delivery Drivers For Mac FreeThe company's frozen foods and snack brands include Boulder Canyon Foods, TGI Fridays, Nathan's Famous, Vidalia Brands, Poore Brothers, Tato Skins and Bob's Texas Style. Utz claims to be the largest nation's privately held, family managed company focused on branded salty snacks including potato chips, pretzels, cheese snacks, corn chips, tortillas, veggie sticks/straws, popcorn, onion rings, pork skins and more. It is headquartered in Hanover, Pennsylvania. READ MORE: Arizona Made: Inventure Foods, potato chips and more “This transaction is the result of diligent analysis and thoughtful strategic deliberations by our Board of Directors and the result of the strategic and financial review we initiated in July 2016,” Terry McDaniel, chief executive of Inventure Foods, said in a statement Thursday. “Our Board, with the advice of independent advisors, determined that this transaction will deliver immediate and certain cash value to our stockholders and new opportunities for our snack brands.” Dylan Lissette, CEO of Utz Quality Foods, said in a statement, “We are tremendously excited about the opportunity to acquire Inventure Foods. The Company’s specialty snack food products and brands, as well as its geographic footprint, customer relationships and distribution strengths, are highly complementary to our business and we look forward to continuing Inventure’s strong heritage of innovation in both healthy and indulgent snacking.' Utz Delivery Drivers For Mac'We have also been extremely impressed with the team at Inventure, and look forward to working together going forward.” Inventure was represented by financial adviser Rothschild and legal counsel DLA Piper. Reach the reporter at [email protected] or 602-444-8616. Download phottix odin ttl trigger for sony firmware 1.14 for mac download. READ MORE: Arizona Made: From sweet to salty to savory, state's food makers feed many tastes.
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