The attorneys of Smith Haughey’s Business and Real Estate Practice Group represented Festida Foods and related entities in the negotiation and sale of its business to a subsidiary of Utz Brands, Inc., a publicly traded and leading snack food manufacturer, for $41 million. Our team represented Festida from the negotiation of the letter of intent all the way through to the final closing in all aspects of the transaction opposite a national law firm of over 775 attorneys. Our client was very pleased with our representation and the outcome, and said that while we were always outnumbered, we were never outgunned.
More information about the transaction is available here.