The all-cash deal will take Utz private and marks Intersnack’s first major expansion into the United States, strengthening its position in the global savory snacks market.
The strategic purchase will accelerate the company’s expansion across the Southeast and will bring Biscuit Belly to over 60 units by the end of 2028.
The deal adds new production capacity and strengthens Starco’s position in powdered foods, baking mixes, nutritional products, and private label manufacturing.
The latest investment forms part of a national plan to reduce the impact of drought on cereal production and strengthen food supplies.
The agreement keeps Première Moisson products on METRO shelves while FGF takes over commercial bakery production.