Conagras last acquisition of a natural products company was last September, when it picked up Frontera Foods and Red Fork. [Conagra has a] desire to really support them but in a way that doesnt compromise the great ingredients and craft, love and passion that weve poured into our brands, Havlick said. Conagra's iconic brands, such as Marie Callender's, Reddi-wip, Hunt's, Healthy Choice, Slim Jim and Orville Redenbacher's, as well as emerging brands, including Alexia, Blake's and Frontera, offer choices for every occasion. This batch was freshly crafted with roasted hatch chiles. 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. BTW, Duke's Shorty is delicious as well, although it was not part of the . Conagra's iconic brands, such as Marie Callender's, Reddi-wip, Hunt's, Healthy Choice, Slim Jim and Orville Redenbacher's, as well as emerging brands, including Alexia, Blake's and Frontera, offer choices for every occasion. No added nitrites (except for those naturally occurring in sea salt and celery powder). Food giant General Mills (GIS) - Get Free Report said Wednesday it is buying Epic Provisions, an Austin, Texas-based maker of meat bars. We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. 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. By providing your email, you agree to our. Thanasi was founded in 2004 by Justin "Duke" Havlick. Financial terms were not disclosed. The strips are smoked slowly until they reaches a level of utmost tenderness and replicate a fall-off-the-bone feel and taste. Duke's Meat Snacks Recall establishment, is recalling approximately 191,928 pounds of ready-to-eat pork sausage products . It can reach up to 225 miles per hour in 30 seconds. We could not be more proud of what he and the team have accomplished in building two premier brands in protein-based snacking Dukes smoked meat snacks and BIGS seeds., Encore provided strategic guidance to and unwavering confidence in our team to help us execute our vision, said Justin Havlick, Founder of Thanasi Foods. 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. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. This is an incredibly exciting time for our brands and our team, and we are looking . 6. 3. 600: Hand-hung and slow-dried for days in small limited-size batches. 1. Encores current and prior investments include food and beverage companies (Aidells Sausage Company, Ancient Harvest, Brownie Brittle, Ciao Bella, Full Sail Brewing, Isopure, Navitas, PhillySwirl), personal care products companies (butter LONDON, MyChelle Dermaceuticals, LORAC, Tarte Cosmetics), and pet products companies (ThunderWorks, Zukes), among others. Meanwhile, San Francisco-based private equity firm Encore Consumer Capital has invested in Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky. Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. Duke's is a fast-growing premium meat snack brand, with products including Duke's Smoked ShortySausages and Duke's Steak & Brisket Strips. 10 Regeneration Next, Duke University, Durham, North Carolina, USA. Thanasi was founded in 2004 by Justin "Duke" Havlick. Financial terms were not disclosed. . We caution readers not to place undue reliance on any forward-looking statements included in this press release, which speak only as of the date of this press release. Thanasi Foods is a manufacturer and distributor of packaged snack foods. 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. Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky, founded by Justin "Duke" Havlick, has recently sold a stake to Encore Consumer Capital, according to the San Francisco-based PE firm's . The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. Justin Duke Havlick, Dukes 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. Visit our privacy at . 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 Duke's and BIGS to another level." 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. The smoked sausages are slow cured over hardwood smoke and dried for seven days. Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. Just log in using your Google, Facebook or Twitter account and fill out a quick form to share your latest and greatest with craft beer fans across the country. BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. Encore was a key strategic partner for me and our team at Thanasi. Thanasi Foods will continue to be led by Justin Havlick and the existing leadership team of Thanasi Foods. 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. 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. The company's product line includes not only meat bars, with flavors such as bison bacon cranberry, but also meat bites, meat bits and hunt-and-harvest mix. Conagra Brands has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods (Thanasi), maker of Duke's meat snacks, and BIGS, maker of BIGS seeds. The first bite of the Hot & Spicy Sausages leaves your palatewith a manageable spiciness filled with accents of paprika. Take off your hats and salute Old Glory;the Stranger Pale Ale and Spicy BBQ are an all-American grand slam. Brands, Made with a peach bbq relish. 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. Dukes is a fast-growing premium meat snack brand, with products including Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips. and cookie policy to learn more about the cookies we use and how we use your daniel.hare@conagra.com, INVESTORS: Johan Nystedt CAG) The valley's cooler climate helps our local farmer friends produce chiles with an . Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. 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. 5 oz pkg . and JUSTIN "DUKE" HAVLICK Retail Locations: Store Locator by State Contact Us: Send Duke's Meats a Message Social Media: FaceBook/DukesMeats - Twitter/DukesMeats - Instagram/DukesMeats - Pinterest/DukesMeats Duke's Meats Best Beef Jerky Reviews - Duke's Meats Variety Is The Spice Of Life! 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. Meanwhile, San Francisco-based private equity firm Encore Consumer Capital has invested in Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky. about 2.5 servings per container . Sodium --Sugars Nutrition Facts Servings Per Container about 6 Amount Per Serving Calories 130 % Daily Value* Total Fat . 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.". 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. Dukes Original Shorty Smoked Sausages & Left Hand Sawtooth Ale. "These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. 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. Calories 1 g. Sat Fat 410 mg. | January 19, 2023 Repeat. BIGS in particular found success after embracing a licensing strategy, working with brands such as Tapatio hot sauce, Stubbs barbeque sauce, Old Bay seasoning and Heinz vinegar on branded seed flavors. Houlihan Lokey served as financial advisor and Brownstein Hyatt Farber Schreck, LLP served as legal counsel to Thanasi Foods LLC and BIGS LLC. 1. San Francisco, CA 94111 This is another exciting step in our ongoing efforts to reshape our portfolio to be more premium and modern, said Sean Connolly, president and chief executive officer of Conagra Brands. His inspiration was to bring unique flavors and a specialty, craft focus to two categories (seeds and smoked meat snacks) that were, at the time, somewhat less differentiated. Exciting time for our brands and our team, and is expected to close summer 2017 leading! A fast-growing premium meat snack brand, with products including Duke 's smoked ShortySausages Duke! 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