Intersnack Group

Intersnack Group, the German savoury snacks manufacturer has agreed to acquire Utz Brands, the US salty snacks producer in a transaction valuing the business at approximately $2.9 billion. Under the definitive agreement Intersnack will purchase all outstanding shares of Utz’s Class A common stock for $14.25 per share in cash representing a premium of approximately 91% to its closing share price on the 20th July 2026. Following completion, Utz will …