Utz Brands completes acquisition of strategic distribution rights from National Food Corp

Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snack foods and a small-cap value and growth capital backer from Staples, is pleased to announce that it has entered into a definitive agreement to purchase certain distribution rights in South Florida from an existing third-party direct-to-store (“DSD”) distributor, National Food Corp (“National Food”).

This acquisition of ~65 DSD routes in South Florida, covering Miami, Fort Lauderdale, West Palm Beach, Naples and Fort Myers, represents Utz’s second transaction with National Food. The first transaction occurred in March 2021 and involved the acquisition of 21 DSD routes in Central Florida. Utz now oversees more than 200 independently operator-run routes in Florida, from the panhandle to the southernmost portion of the state.