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. Founded in 1955, Clem is a family-owned and operated distributor based in Brooklyn, New York. J&D has been serving the Bronx, New York since 1996. The transaction is expected to close in the first quarter of 2022. Financial terms were not disclosed. Over the past 20+ years, Utz has been collaborating with New York retailers to expand its presence and increase distribution. With these acquisitions, Utz will increase its investment in the New York City region and provide enhanced retailer support.
In an announcement, Utz said that the combined acquisition of these 125 DSD routes in New York City and the surrounding region will help accelerate share gains in the Salty Snack category across these geographic areas.
“We are excited to build on the solid foundation and stellar reputation that the Clem and J&D teams have built. These two key distribution partners have been representing and distributing Utz’s brands in the five boroughs of New York City and Long Island, NY over the last 25 years, and we look forward to working closely with our independent operator network to expand and grow our expansive portfolio of brands in this vibrant and diverse market”, said Steve Liantonio, senior vice president, National Sales Operations of Utz. “The opportunity for growth and expansion remains robust and we are poised to drive it to new heights.”
Utz Brands manufactures a diverse portfolio of savory snacks including Utz®, ON THE BORDER® Chips & Dips, Golden Flake®, Zapp’s®, Good Health®, Boulder Canyon®, Hawaiian® Brand, and TORTIYAHS!