Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers U > Headlines for Utz Brands, Inc. > News item |
Utz Brands to draw on revolver for Clem and J&D acquisitions
By Sara Rosenberg
New York, Jan. 24 – Utz Brands Inc. plans to use borrowings under its revolving credit facility and balance sheet cash to fund its purchase of Clem Snacks Inc. and J&D Snacks Inc., according to a news release.
Closing is expected this quarter.
Utz is a Hanover, Pa.-based manufacturer of savory snacks. Clem and J&D are third party direct store delivery distributors of Utz’s products.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.