Financial terms were not disclosed. Havlick continued, "The Conagra Brands team values our brand beliefs and is committed to continuing to use quality ingredients and the craft methods that deliver the creativity and flavor our consumers and fans love today.". For more information, please visit www.dukesmeats.com. We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". Collins and Forrest both had tried myriad diets, but concluded lean meats were among the best food options for a physically active lifestyle and set out to create snacks that incorporated them. For more information, visit www.BIGS.com. Conagra Brands, Inc. announced it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC, maker of Duke's meat snacks, and BIGS LLC, maker of BIGS seeds. We begin with a simple blend of classic spices before adding chopped green Italian parsley and a touch of real . Encore invested as a minority partner in Thanasi Foods in 2015 to provide liquidity to some of the company's early investors. Havlick continued, "The Conagra Brands team values our brand beliefs and is committed to continuing to use quality ingredients and the craft methods that deliver the creativity and flavor our consumers and fans love today.". Boeing Plans to End Production of 'Top Gun' Plane in 2025. He recently called General Mills a stock you hold for the long termand noted the company boughtback stock last year -- about 30 million shares out of 593 million outstanding -- while getting rid of underperforming brands. BIGS produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds. This is an incredibly exciting time for our brands and our team, and we are looking forward to working with the Conagra Brands team on the next chapter in our journey to take Dukes and BIGS to another level. Havlick continued, The Conagra Brands team values our brand beliefs and is committed to continuing to use quality ingredients and the craft methods that deliver the creativity and flavor our consumers and fans love today.. The carmaker's new patent is raising some eyebrows. We start with lean, hand-selected grass-fed beef and slice it into tender steak strips. Justin "Duke" Havlick, Duke's and BIGS founder and chief executive officer, said, "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. Terms of the deal were not disclosed but Thanasi founder Justin "Duke" Havlick, along with his 64 employees, will remain on with Boulder, Colo.-based company. Thanasi was founded in 2004 by Justin "Duke" Havlick. 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. Dukes Spicy Bar-B-Q Beef Brisket Strips & Left Hand Stranger Pale Ale. 600: Hand-hung and slow-dried for days in small limited-size batches. 7 g protein with 2 g of total sugar per serving. Below are the favorite pairings of Dukes Smoked Meats and Left Hand Brewing Company. TheStreet's Jim Cramer has long approved of the move by established food companies such as General Mills into more natural and organic products. Conagra Thanasi was founded in 2004 by Justin "Duke" Havlick. 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. The Deal reported in December that Epic was seeking a sale, aided by investment bank Piper Jaffray & Co. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. Dukes Roasted Cayenne Beef Jerky & Left Hand Wake Up Dead. Dukes products are made in small batches with quality ingredients and authentic hardwood smoke pairings. Thanasi Foods LLC is a leading maker of premium meat snacks, including Duke's Smoked Shorty Sausages and Duke's Brisket & Steak Strips. These forward-looking statements include, among others, statements regarding expected synergies and benefits of a potential combination of Conagra Brands and Thanasi and BIGS, expectations about future business plans, prospective performance and opportunities, regulatory approvals and the expected timing of the completion of the transaction. We then smother each strip individually in a marinade of . The division was developing a fleet of one-armed robots on wheels to handle menial tasks. about 2.5 servings per container . Justin "Duke" Havlick, Duke's and BIGS founder and CEO, said, "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. Based in Boulder, CO, BIGS produces a line of premium, USA-grown seed snacks, including jumbo, fire-roasted in-shell sunflower seeds, sunflower seed kernels, and homestyle-roasted pumpkin seeds. The smooth, malty sweetness of the Milk Stout balances the smoky bourbon glaze, leaving your palatewith a velvety mouthful, perfect for a night by the fire. Following the completion of the transaction, the Dukes and BIGS brands will continue operating out of Boulder, Colorado. The acquisition came only a week after Thanasi's brand Duke's debuted its shorty sausages and brisket products at the recent Expo West in Anaheim, California. Dont fix something that aint broke! While this segment of his Thanasi journey may be complete, Havlick is excited for what the future will bring. Freshly crafted. For more information, visit www.BIGS.com. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. In 2015 Thanasi brought on Encore Capital as an investor. Dukes Bourbon Glaze Steak Strips & Left Hand Milk Stout Nitro. This action cannot be undone. Duke's products are made in small batches with quality ingredients and authentic hardwood smoke pairings. Their jerky is advertised to be made in small batches, and is smoked using real hardwoods, not "liquid lumber" in their words. Stay up-to-date on today's vital cybersecurity topics by subscribing here. "There's something really special about reading ingredients on a product you love and realizing that almost every ingredient used is one you probably have in your own pantry. webcast Financial terms were not disclosed. Founded by Justin "Duke" Havlick, Thanasi Foods is one of the top 10 food companies that industry sources identified for The Deal as being likely M&A targets. Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. Dukes Hot & Spicy Shorty Smoked Sausages & Left Hand Good Juju. (415) 296-9850, directions Jones Day served as legal counsel to Conagra Brands, Inc. TBC is pleased to announce the launching of TBC ESG Academy. Conagras last acquisition of a natural products company was last September, when it picked up Frontera Foods and Red Fork. This batch was freshly crafted with roasted hatch chiles. The initiative was officially announced on February 22, 2023, news (at) financial.ge Letters to the Editor: editor (at) finchannel.com, (+99532) 2252 275 | 76 EXT: 1 (+995 558) 03 03 03 (mobile) marketing (at) finchannel.com, (+99532) 2252 275 | 76 EXT: 7 (+995599) 96 52 52 Email: zviadi (@) finchannel.com Contact video editor: E-mail: video (at) financial.ge, Postal address: 17 Mtskheta str. Interestingly, the spiciness of the jerky is toned down by the pale ale, and finishes with a unique taste of molasses and brown sugarnicely setting your palateup for round two. MEDIA: Dan Hare It's no wonder why Hatch chiles have become famous through the decades. Justin's address history includes 485 College Ave, Boulder, CO 80302. Fresh, never-frozen pork: We start with fresh, never froze, pork that has never been given added hormones (Federal regulations prohibit the use of hormones in pork). Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. BIGS produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds. at Conagra Brands, Inc. All Rights Reserved. BIGS produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds. Smoked meats. Justin Duke Havlick. CraftBeer.com is written by beer lovers for beer lovers. Ford Vehicles Could Soon Repossess Themselves. ",mi="5;>:8493;1:=31:;@<03=16?5267A1:0",o="";for(var j=0,l=mi.length;j