WORCESTER 508-471-3018
Metro West 508-709-0024

Snack food maker seeks increase in sales

Hanover-based Utz Quality Foods Inc. has a plan to achieve a total of $1 billion in sales by the company's 100th birthday in 2021. The company makes pretzels, potato chips and other snacks. In the last two years, Utz has acquired three companies on its path to hitting $1 billion. Many small snack companies are using mergers and acquisitions as part of a business reorganization that allows them to compete with larger corporations.

The snack industry is on an upswing. Since 2009, people have been snacking more frequently. In 2009, 24 percent of Americans reported snacking three to four times daily. That number increased to 43 percent in 2012. The number of Americans that snacks more often has also increased.

As part of the plan to expand, Utz is also upgrading its facilities. The company entered an agreement to install high capacity Ethernet cables in their offices. Utz states that these improvements are necessary to give the company more technical capabilities for less money. An upgraded communications infrastructure helps with operations, but it also will help Utz continue to acquire other companies without running into any technical issues. The president and chief operating officer for the company stated that the company continues to grow, change and innovate. He declined to comment on whether Utz has identified additional companies it wishes to acquire.

Businesses contemplating changes such as a merger or acquisition may benefit from speaking with a business attorney who can help negotiate agreements. Once a business plan is finalized and a deal is made, an attorney can assist with drafting paperwork and may be able to handle any unexpected legal issues that may arise.

Source: Central Penn Business Journal, "Is Utz Quality Foods seeking next target in 'acquisition mode'?", Jim T. Ryan, May 03, 2013

No Comments

Leave a comment
Comment Information
Email Our Team

Contact Us Today To Learn More

The skilled attorneys at SederLaw stand ready to handle even your most difficult legal issues. Turn to us for skilled representation to help you accomplish your legal goals.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

An Impressive Track Record
Of Achievement In The Law


Worcester Office
339 Main Street
Suite 300
Burnside Building
Worcester, MA 01608

Phone: 508-709-0024
Phone: 508-471-3018
Fax: 508-831-0955
Map & Directions

Metro West Office
1900 West Park Drive
Suite 280
Westborough, MA 01581

Phone: 508-471-3018
Fax: 508-831-0955
Map & Directions