About Utz
Utz is a company based in Hanover (United States) founded in 1921.. The company has 3,200 employees as of December 31, 2024. Utz has completed 14 acquisitions, including Bachman, Festida Foods and Golden Flake. Utz offers products and services including Potato Chips, Kettle Chips, Pretzels, and Popcorn. Utz operates in a competitive market with competitors including Mondelez International, Unibic, LesserEvil, Haldiram and Planet FWD, among others.
- Headquarter Hanover, United States
- Employees 3200 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Utz Brands Inc
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Annual Revenue
$1.41 B-2.01as on Dec 31, 2024
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Net Profit
$15.97 M164.03as on Dec 31, 2024
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EBITDA
$134.92 M-5.29as on Dec 31, 2024
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Latest Funding Round
$28 M (USD), Post-IPO
May 09, 2022
- Investors
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Employee Count
3200
as on Dec 31, 2024
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Investments & Acquisitions
Bachman
& 13 more
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IPO & Listings of Utz
Utz is a publicly listed company on the NYSE with ticker symbol UTZ in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Utz
Utz offers a comprehensive portfolio of products and services, including Potato Chips, Kettle Chips, Pretzels, and Popcorn. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Crispy fried potato slices for everyday snacking.
Thick-cut potato chips with bold flavors.
Baked twisted snacks made from dough.
Lightly popped corn kernels for munching.
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Leadership Team
38 people
Sales and Marketing
28 people
Finance and Accounting
20 people
Software Development Team
14 people
Operations Team
7 people
Senior Team
6 people
Data Analysis and Operations Team
6 people
Legal and Compliance
5 people
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Funding Insights of Utz
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $28.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Post-IPO - Utz | Valuation |
investors |
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| Sep, 2020 | Amount | Post-IPO - Utz | Valuation |
investors |
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| Sep, 2016 | Amount | Private Equity Round - Utz | Valuation | Metropoulos |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Utz
Utz has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Metropoulos. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Utz
Utz has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Bachman, Festida Foods and Golden Flake. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Brand of chips
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2018 | ||||
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Popcorn in various gluten-free flavors is sold online.
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2018 | ||||
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Potato chips are manufactured and distributed by Hawaiian Brand Snacks.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Utz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Utz Comparisons
Competitors of Utz
Utz operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mondelez International, Unibic, LesserEvil, Haldiram and Planet FWD, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category convenience foods are produced and distributed globally.
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| domain | founded_year | HQ Location |
Multi-category snacks are manufactured and distributed by Unibic brand.
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| domain | founded_year | HQ Location |
Savory snacks brand
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| domain | founded_year | HQ Location |
Vegetarian snacks, sweets, beverages, and ready-to-eat meals are offered online.
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| domain | founded_year | HQ Location |
Manufacturer of snacks from regenerative ingredients
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Utz
Frequently Asked Questions about Utz
When was Utz founded?
Utz was founded in 1921 and raised its 1st funding round 95 years after it was founded.
Where is Utz located?
Utz is headquartered in Hanover, United States. It is registered at Hanover, New Hampshire, United States.
Who is the current CEO of Utz?
Dylan Lissette is the current CEO of Utz.
How many employees does Utz have?
As of Dec 31, 2024, the latest employee count at Utz is 3,200.
What is the annual revenue of Utz?
Annual revenue of Utz is $1.41B as on Dec 31, 2024.
What does Utz do?
Utz Quality Foods was established in 1921 in Hanover, Pennsylvania, by William and Salie Utz. A range of potato chips and other snacks is produced and distributed within the snack foods sector. Customers are enabled to assemble personalized variety packs from available products. Operations are centered in the United States, with the brand maintaining a presence through its online domain. Leadership is provided by CEO Dylan Lissette.
Who are the top competitors of Utz?
Utz's top competitors include NatureBox, Mondelez International and Unibic.
What products or services does Utz offer?
Utz offers Potato Chips, Kettle Chips, Pretzels, and Popcorn.
Is Utz publicly traded?
Yes, Utz is publicly traded on NYSE under the ticker symbol UTZ.
How many acquisitions has Utz made?
Utz has made 14 acquisitions, including Bachman, Festida Foods, and Golden Flake.
Who are Utz's investors?
Utz has 1 investor. Key investors include Metropoulos.
What is Utz's ticker symbol?
The ticker symbol of Utz is UTZ on NYSE.
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