Intersnack Group Acquires Utz Brands for $2.9 Billion
Utz Brands, Inc. (UTZ) entered into a merger agreement on July 21, 2026, to be acquired by the German snack manufacturer Intersnack Group GmbH & Co. KG for $2.9 billion. Deal…
Written byAsif SuriaSource: InsideArbitrage
Utz Brands, Inc. (UTZ) entered into a merger agreement on July 21, 2026, to be acquired by the German snack manufacturer Intersnack Group GmbH & Co. KG for $2.9 billion. Deal Structure: Intersnack Group will acquire all outstanding shares of Class A common stock of Utz for $14.25 per share in cash, representing a premium of