Snack food company Utz Brands sells Good Health and R.W. Garcia brands, plus related facilities, to Popchips owner Our Home for $182.5M.
Utz Brands, Inc., a snack food company, announced plans to sell three of its facilities to Our Home, the company that owns the Popchips brand, as part of a consolidation plan. Utz is selling the Good Health and R.W. Garcia brands, as well as some of its manufacturing facilities, for $182.5 million. Employees at the Lincolnton plant, which is being sold, will keep their jobs and remain with their current pay rates and PTO allotments.
14 months ago
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