Conagra Brands currently manages the Slim Jim meat stick brand and the DAVID Seeds brand. . Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies, has completed the sale of Thanasi Foods, marketer of the Duke' s and BIGS snack brands, to Conagra Brands, one of North America' s leading branded food companies. General Mills said Epic will become part of its Berkeley, Calif.-based Annie's division, which is headed by John Foraker, that unit's president. (415) 296-9850, directions Focused on crafting the highest-quality smoked meat snacks available, the family-operated business refuses to take shortcuts and is committed to producing its products in small batches with real, whole ingredients, fresh never-frozen pork and chicken, 100% grass-fed beef, and authentic hardwood smoke pairings. His friends loved it, especially the flavors produced by the marinades Duke used. data. We then smother each strip individually in a marinade of . The English-style porter has strong notes of dark chocolate and espresso that pair nicely with the peppercorn, brown sugar and espresso flavors of the Cracked Pepper Jerky. - Justin "Duke" Havlick. (function(){var ml="8(640291%-)5",mi="137;:854562960;4",o="";for(var j=0,l=mi.length;j>, Los Angeles, CA / Nov 30 + Dec 1 2023Early Registration Open >>, Learn Success Factors from Industry Leaders, Dive into Major Food & Beverage Categories, Submit Questions & Topics for Future Calls, Database of Suppliers & Service Providers, Community Call: Expo West: Perfect Your Retail Pitch and Follow-up, FDA: Updates Restructured Human Foods Program, Withdrawing Aged Food Standards Rule, Download the BevNET & NOSH Insider Booth Planner for Expo West 2023, Eat Just: Layoffs Hit 18% Of Staff As It Aims For Vegan Egg Product Profitability, Contract Brewing Available in Metro Washington DC. Conagra GM to Idle Truck Plant But Not Due to Supply Issues. CHICAGO, March 16, 2017 /PRNewswire/ --Today Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC (Thanasi), maker of Duke's meat snacks, and BIGS LLC (BIGS), maker of BIGS seeds. The agency says consumers dont assume that the products come from dairy animals. Pork, Peaches, Cane Sugar, Less than 2% of: Salt, Spices, Brown Cane Sugar, Dried Tomato, Vinegar, Dried Onion, Celery Powder (Celery Powder, Sea Salt), Yeast Extract, Dried Garlic, Natural Flavors, Citric Acid. Havlick added, "What started 13 years ago as a simple passion for fire roasting seeds and slow smoking meats, has grown into two terrific brands that are recognized in households across the U.S. Why? and cookie policy to learn more about the cookies we use and how we use your * The % Daily Value (DV) tells you how much a nutrient in a serving of food contributes to a daily diet. Thanasi Foods is a manufacturer and distributor of packaged snack foods. An ideal partnership that helped solidify our strategic sale to Conagra!, Thanasi Foods Founder & CEO, Justin Duke Havlick, 111 Pine Street Suite 1825 San Francisco, CA 94111 Food giant General Mills (GIS) - Get Free Report said Wednesday it is buying Epic Provisions, an Austin, Texas-based maker of meat bars. San Francisco, CA 94111 present We are published by the Brewers Association, the not-for-profit trade group dedicated to promoting and protecting Americas small and independent craft brewers. Interested in participating in our Sponsored Content section? Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the Prepared Foods audience. For more information, please visit www.dukesmeats.com. Products distributed by Thanasi Foods are available in approximately 45,000 supermarkets, convenience stores, grocery stores, and drug stores in the United States and Canada. Conagra Brands currently manages the Slim Jim meat stick brand and the DAVID Seeds brand. Encore provided Thanasi with growth capital and partial liquidity for existing shareholders. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. CAG) Report: China to 'Scrutinize' Ford Deal Over IP Fears. https://twitter.com/vendingmagazine BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. These risks and uncertainties include: the timing to consummate a potential transaction between Conagra Brands and Thanasi and BIGS; the ability and timing to obtain required regulatory approvals and satisfy other closing conditions; Conagra Brands' ability to realize the synergies contemplated by a potential transaction; Conagra Brands' ability to promptly and effectively integrate the business of Conagra Brands and Thanasi and BIGS; Conagra Brands' ability to achieve the intended benefits of acquisitions and divestitures, including the transaction described in this press release and the recent spin-off of Conagra Brands' Lamb Weston business; general economic and industry conditions; Conagra Brands' ability to successfully execute its long-term value creation strategy; Conagra Brands' ability to access capital; Conagra Brands' ability to execute its operating and restructuring plans and achieve its targeted operating efficiencies, cost-saving initiatives, and trade optimization programs; the effectiveness of its hedging activities, including volatility in commodities that could negatively impact its derivative positions and, in turn, its earnings; the competitive environment and related market conditions; Conagra Brands' ability to respond to changing consumer preferences and the success of its innovation and marketing investments; the ultimate impact of any product recalls and litigation, including litigation related to the lead paint and pigment matters; actions of governments and regulatory factors affecting Conagra Brands' businesses; the availability and prices of raw materials, including any negative effects caused by inflation or weather conditions; risks and uncertainties associated with intangible assets, including any future goodwill or intangible assets impairment charges; the costs, disruption, and diversion of management's attention associated with campaigns commenced by activist investors; and other risks described in the reports filed by Conagra Brands from time to time with the Securities and Exchange Commission. By closing this message or continuing to use our site, you agree to the use of cookies. The founder maintained a significant minority share of the Company. Manufacturer and distributor of packaged snack foods, Founder of beef jerky empire buys Hawaii estate, Conagra Brands Completes Acquisition Of Thanasi, Thanasi Founder Talks Conagra Acquisition, https://en.wikipedia.org/w/index.php?title=Thanasi_Foods&oldid=1108944838, Manufacturing companies based in Boulder, Colorado, Food and drink companies based in Colorado, Food and drink companies established in 2004, Snack food manufacturers of the United States, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 7 September 2022, at 03:39. Now, across the US around 300 craft jerky makers . We begin with a simple blend of classic spices before adding chopped green Italian parsley and a touch of real roasted garlic to give these Smoked Shorty Sausages their authentic old world flavor. 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