Utz to acquire Chicago-based Vitner’s as it chases salty snacks in the Midwest
Potato chipmaker Utz Brands plans to buy Chicago-based Vitner’s as it seeks a bigger bite of the salty snacks market in the Midwest. Utz Quality Foods, a subsidiary of Hanover, Pennsylvania-based Utz Brands, announced Monday that it has agreed to pay $25 million to Snak King to acquire certain parts of Vitner’s, including its trademark, intellectual property and distribution assets. Vitner’s, founded in 1926 on Chicago’s South Side as the C.J. Vitner Company, was one of the oldest family-run snack food companies in the U.S. when it was purchased by California-based Snak King in 2011. Snak King...
Federal sale of Seattle's National Archives property is being sped up. Attorney general says he will sue
SEATTLE — With government agencies, there are public notices, and there are public notices. For two months, an Oct. 1 decision to rush through the federal government’s controversial sale of the National Archives facility in Seattle went basically under the radar. Instead of taking until July 2021 to sell the Sand Point Way NE facility, as previously announced by the archives, a real estate broker is to be awarded the contract by the end of December. The feds’ sale of the property will proceed this coming winter and spring. On Friday, Washington Attorney General Bob Ferguson said he plans to su...
The Seattle Times
Cash-rich GoPuff buys West Coast's BevMo delivery service for $350 million
The Philadelphia-based GoPuff delivery service, whose 200 neighborhood delivery centers across the Northeast, Midwest, and South have seen sales rocket since last spring’s coronavirus shutdowns, has agreed to buy Concord, Calif., liquor delivery service BevMo and its 161 stores in three Western states for $350 million.The deal marks seven-year-old GoPuff’s first acquisition. It would boost the company’s workforce to more than 5,000 warehouse workers, tech, retail, and office staff — plus drivers — and increase its value, as calculated from investment and acquisition costs, to more than $4 bill...
The Philadelphia Inquirer