Intersnack Group to Acquire Utz Brands and Take It Private

Russell Landscape Group Acquires Utz Environmental Services

November 10, 2025

Environmental Services

Russell Landscape Group, a portfolio company of The Sterling Group Foundation Fund, has acquired Utz Environmental Services, a commercial landscaping provider based in Austin, Texas. The deal is Russell's first entry into Texas and represents an add-on acquisition to expand the platform's regional footprint across the Southern U.S.

Europe Snacks Acquires Burts Snacks

February 8, 2023

Food & Beverage

France-based Europe Snacks, a portfolio company backed by Apax Partners, has agreed to acquire 100% of UK premium snack maker Burts Snacks, with the deal expected to close in March 2023. The acquisition expands Europe Snacks' presence in the UK (its largest snacking market), complements its product portfolio and combines manufacturing and supply-chain capacity across Burts' Plymouth and Leicester facilities.

Utz Brands Acquires Clem Snacks and J&D Snacks

January 24, 2022

Food & Beverage

Utz Brands, Inc. has entered into a definitive agreement for its subsidiaries to acquire the assets of two New York direct store delivery (DSD) distributors: Clem Snacks, Inc. (a Clem Companies subsidiary) and J&D Snacks, Inc. The purchases add approximately 125 DSD routes across New York City and Long Island, intended to accelerate Utz's share gains and expand its distribution and retailer support in the region; the transactions are expected to close in Q1 2022 with financial terms undisclosed.

Utz Brands Acquires RW Garcia

December 6, 2021

Food & Beverage

Utz Brands, Inc. has completed the acquisition of R.W. Garcia Holdings, LLC (RW Garcia) for $56 million, funded with cash on hand and borrowings under its revolving credit facility. RW Garcia is a family-owned maker of organic, better-for-you tortilla chips, crackers and corn chips with manufacturing facilities in Nevada and North Carolina; the deal adds production capacity and complementary product capabilities to Utz's portfolio and is expected to be accretive to earnings.

Utz Brands Acquires Festida Foods for $41M

May 11, 2021

Food & Beverage

Utz Brands, Inc. agreed to acquire all assets (including Grand Rapids, Michigan real estate) of Festida Foods from Great Lakes Festida Holdings, Inc. for $41 million. The acquisition brings in Festida’s tortilla- and corn-chip manufacturing capacity to support Utz’s ON THE BORDER brand, deliver supply‑chain synergies, and expand production and geographic reach in the Midwest.

Utz Brands Acquires Truco Enterprises (ON THE BORDER) for $480M

November 12, 2020

Food & Beverage

Utz Brands (NYSE: UTZ) agreed to acquire Truco Enterprises, the maker of On The Border tortilla chips, salsa and queso, from Insignia Capital Group for approximately $480 million in cash. The transaction closed in December 2020; Utz expects to leverage its direct-store-delivery network and broader capabilities to expand the On The Border brand into new markets.