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Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing

Retrieved on: 
Thursday, April 18, 2024
Food, Beverage, Supply Chain Management, Retail, Supermarket, Convenience Store, Snack, Winston & Strawn, Sale, Utz Brands, Cheating, Our Home, RBC Capital Markets, Employment, UTZ, Acquisition, Term loan, Term, Bank

This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.

Key Points: 
  • This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.
  • Following the closing of the transactions, Utz and Our Home will operate under a Transition Services Agreement for up to 12 months.
  • Utz announced today that it has successfully completed a repricing of its $630 million Term Loan (“Term Loan”) due in January 2028.
  • There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.

OUR HOME ACCELERATES GROWTH WITH STRATEGIC ACQUISITIONS

Retrieved on: 
Thursday, April 18, 2024
Acquisition, Snack, Cheese, Family, Our Home, Retail

BOONTON, N.J., April 18, 2024 /PRNewswire/ -- Our Home, the family of brands providing delicious, wholesome snacks to communities throughout the U.S., announces the successful acquisition from Utz Brands, Inc. of two new manufacturing plants and added production capabilities. This move significantly scales Our Home's existing platform and footprint across the country, further expanding its ability to provide great quality snacks at a great value to its customers.

Key Points: 
  • This move significantly scales Our Home's existing platform and footprint across the country, further expanding its ability to provide great quality snacks at a great value to its customers.
  • "These acquisitions expand Our Home across potato chips, cheese puffs and popcorn, reinforcing our position as a leading independent better-for-you snacking platform," says Aaron Greenwald, Founder and CEO of Our Home.
  • "We are proud to be building a platform and team that's dedicated to creating and delivering our products and promise to customers."
  • This empowers Our Home to deliver across the largest salty sub-categories, driving streamlined and substantial growth.

Our Home Debuts New Products and New Brands from Its Portfolio of Better-For-You Snacks at Expo West 2024

Retrieved on: 
Monday, March 11, 2024
Cracker, BBQ, GroundUP, Corn Chips, Taste, Nachos, Home, Sea salt, Our Home, Good Health, GMO, Parmesan, THIS, Tortilla chip, Garlic, House, YOU, French fries, Love, Snack, Grand Plaza, Anaheim Convention Center

ANAHEIM, Calif., March 11, 2024 /PRNewswire/ -- It's a house party at Our Home, and you're invited! Our Home, a leading independent better-for-you snack family that provides delicious, wholesome snacks at a great value, welcomes all to booth #5489 at Natural Products Expo West to taste its newest snacks. Attendees will enter the Our Home booth and feel at home with well-known snack brands they have come to love.

Key Points: 
  • Our Home, a leading independent better-for-you snack family that provides delicious, wholesome snacks at a great value, welcomes all to booth #5489 at Natural Products Expo West to taste its newest snacks.
  • Attendees will enter the Our Home booth and feel at home with well-known snack brands they have come to love.
  • Our Home's portfolio of brands offers the perfect snack for every occasion – a late-night study session, a girls' night in, a family picnic, and more.
  • With 50% less fat than its fried chip rival, these Popchips body slam your tastebuds with big, nacho energy!

Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy

Retrieved on: 
Wednesday, January 31, 2024
Supply Chain Management, Retail, Food, Beverage, Growth, GAAP, Cheating, UTZ, Snack, Utz Brands, Good, Employment, Winston & Strawn, Our Home, Acquisition, RBC Capital Markets, Sale, Yoy, Webcast

Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.

Key Points: 
  • Following the close of the transactions, Utz and Our Home will operate under a Transition Services Agreement for 12 months.
  • Certain Good Health® products will continue to be distributed and sold on the Utz DSD network for Our Home.
  • Howard Friedman, Chief Executive Officer of Utz, said, “We expect these transactions to deliver on our supply chain transformation and value creation initiatives, to fast-track our deleveraging timeline by a full year, and to accelerate our brand portfolio strategy to better optimize for growth.
  • is serving as legal advisor to Utz Brands, Inc. Winston & Strawn LLP is serving as legal advisor to Our Home.

Up, Up & Away: Popchips and Food Should Taste Good Team Up with JetBlue

Retrieved on: 
Tuesday, October 24, 2023
Taste, Drink, Snack, JetBlue, Our Home, Crave, Finger, Our Home's Fox Deity, Food, Partnership, Flax, Airline, Fast food

FAIRFIELD, N.J., Oct. 24, 2023 /PRNewswire/ -- Our Home, a portfolio of better-for-you snacks with better ingredients that satisfy every occasion and craving, is taking its snacks to the skies with its partnership with JetBlue, known for its low fares and great service. JetBlue customers can now enjoy the irresistibility of Popchips Sea Salt on all flights and Food Should Taste Good Multigrain Tortilla Chips as part of JetBlue's EatUpⓇ Café on select flights.

Key Points: 
  • JetBlue customers can now enjoy the irresistibility of Popchips Sea Salt on all flights and Food Should Taste Good Multigrain Tortilla Chips as part of JetBlue's EatUpⓇ Café on select flights.
  • JetBlue customers can now enjoy the irresistibility of Popchips Sea Salt on all flights and Food Should Taste Good Multigrain Tortilla Chips as part of JetBlue's EatUpⓇ Café on select flights.
  • Now available on all JetBlue flights, Popchips Sea Salt is now a complimentary free snack option for every customer.
  • "Popchips and Food Should Taste Good will further JetBlue's commitment to shatter the stigma of airline food, one bite at a time."

Grand Havana Inc. Announces New Management and Directors, Fully Updates Financials

Retrieved on: 
Monday, December 5, 2022
Life, Airport, Fairtrade certification, Collection, Coffee, H&H, Our Home, UTZ, OTC Markets Group, Supermarket, University, Rainforest Alliance, Negotiation, Farm, Rainforest, Sysco, Partnership, Amazon

Working in tandem with sourcing partners Beneficio de Café, S.A. (SOLCAFE S.A.), H&H has invested extensively in the productive capacity and industrialization required to guarantee quality coffee flows.

Key Points: 
  • Working in tandem with sourcing partners Beneficio de Café, S.A. (SOLCAFE S.A.), H&H has invested extensively in the productive capacity and industrialization required to guarantee quality coffee flows.
  • These funds were earmarked for working capital needs and secured by green coffee inventories; a first for GHAV.
  • Our b2b programs proudly serve our coffees in corporate offices, airports, universities, non-traditional avenues, supermarkets, convenience stores, hotels, and online marketplaces.
  • The matters discussed herein should not be construed in any way, shape or manner of our future financial condition or stock price.

"Greater Bay Area Revealed" Theme Week on Discovery Channel

Retrieved on: 
Monday, December 13, 2021
Entertainment, General Entertainment, TV and Radio, Film & Motion Pictures, Destinations, Travel, Channel, Guangdong Radio and Television, World, Civilization, Culture, Exhibition, Television, Our Home, Discovery Channel, Radio Guangdong, Multimedia, Quadrant, Discovery, Food, Film, Guangdong-Hong Kong-Macau Greater Bay Area

Discovery Channel and Guangdong Radio and Television have teamed up to launch the "Greater Bay Area Revealed Theme Week on Discovery Network.

Key Points: 
  • Discovery Channel and Guangdong Radio and Television have teamed up to launch the "Greater Bay Area Revealed Theme Week on Discovery Network.
  • View the full release here: https://www.businesswire.com/news/home/20211212005142/en/
    " Greater Bay Area Revealed" Theme Week on Discovery Channel (Photo: Business Wire)
    This seven documentaries curated for this exhibition include: Hong Kong-Zhuhai-Macao Bridge, Our Home, The Thirteen Hongs: Being Drawn into Guangzhou, A Bite of Guangdong, Xijiang River, Manufacturing Times: China Meets the World and Quadrant.
  • With the gradual implementation of the blueprint for the Greater Bay Area, the region has received extensive international attention in recent years.
  • I believe this will be a window for people all over the world to understand Greater Bay Area. "