Utz Brands, Inc. entered into a definitive agreement for Intersnack Group GmbH & Co. KG to acquire all outstanding Class A Common Stock for $14.25 per share in cash, representing a 91% premium over the July 20, 2026 closing price. The transaction, valued at an enterprise value of approximately $2.9 billion, will result in Utz becoming a private company owned 50% by Intersnack Group and 50% by the Rice and Lissette Family. Utz Brands, Inc. is a manufacturer of branded salty snacks.
