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Utz Brands, Inc. 8K

0001193125-26-309592

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Utz Brands, Inc. agreed to be taken private by Intersnack Group in a $14.25 per share all-cash transaction valuing the company at about $2.9 billion, with post-closing 50/50 ownership split between Intersnack and the Rice/Lissette family.

Utz Brands, Inc. announced that it has entered into a definitive agreement under which Intersnack Group GmbH Co. KG will acquire all outstanding shares of Utz Class A common stock for $14.25 per share in cash, representing an approximately 91% premium to the July 20, 2026 closing price and implying an enterprise value of about $2.9 billion, in a going-private transaction that will result in Utz being owned 50% by the Rice and Lissette family entities and 50% by Intersnack, subject to shareholder and regulatory approvals and expected to close in the fourth quarter of 2026, after which Utz will be delisted from the NYSE and Dylan Lissette will become Executive Chair.

Filing Facts

CIK
1739566
Ticker
-
Form
8K
Source Type
sec
Accession
0001193125-26-309592
Alert Tier
8
Utz Brands, Inc. 8K | ATTN