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🥔Utz announces sale of Lancaster Co. factory to Our Home
Utz Brands announced the sale of three of its factories, including one in Lititz, Pennsylvania, to Our Home, the maker of Popchips and other snacks, according to a news release from the company.
The $182.5 million sale includes Utz factories in Lititz, Pennsylvania, Lincolnton, North Carolina, and Las Vegas, Nevada. Along with the factories, Utz is selling two of its brands, the Good Health and R.W. Garcia brands.
As part of a transition service agreement in the sale, the companies will operate the plants under both companies jointly for 12 months as operations transfer to Our Home, the release said.