Utz Brands reported its sales increased by 26.6% year-over-year, with the release of its financial results for the first quarter. Organic net sales saw a 20.7% increase year over year.
Utz
Utz Brands announced that Satyaki Lodh has been appointed Senior Vice President and Chief Information Officer. He will lead the Information Technology organization that is enabling technology infrastructure, data, and insights to support the growing footprint of Utz’s brands in the U.S.
Utz Brands agreed to acquire Clem Snacks, Inc. and J&D Snacks, Inc., two existing third-party direct store delivery (“DSD”) distributors of Utz’s products. The transaction is expected to close in the first quarter of 2022. Financial terms were not disclosed.