Utz Brands Set for Major Ownership Shift | Baltimore News

Utz Brands, maker of iconic snacks like Crab Chips, is set for a major shakeup as German giant Intersnack swoops in with a $2.9 billion deal—buying half the company while the founding family retains the other half. Stock prices surged nearly 90% in days, signaling investor excitement. Utz CEO Howard Friedman says Intersnack’s marketing, manufacturing, and tech expertise will fuel growth. Though not yet finalized, this partnership marks a pivotal shift for the snack legend—and could lead to bold new flavors and strategies. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/58e2d1778e70c01f