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The Rice family, which owns and operates 95-year-old Utz, will remain majority shareholders. Utz, based in Hanover, Pennsylvania, has made a number of acquisitions in the past five years, including Good Health pretzels and veggie straws and Zapp's potato chips. Comment?
The parent company of Golden Flake Snack Foods Inc. - a longtime Alabama maker of potato chips and other snack foods - is being acquired by Utz Quality Foods Inc. of Hanover, Pennsylvania. Golden Enterprises CEO Mark McCutcheon said in a statement that merging would allow the Golden Flake brand to continue growth in the Southeastern U.S. while expanding product selections. Comment?
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