Protein snacks start-up, Stryve Foods announced on Jan. 30 that it acquired the assets of Biltong USA.
Biltong USA, produces high quality sliced beef biltong, droëwors (biltong sticks), and other related products. Biltong is a form of dried, cured meat that originated in Botswana, South Africa, Zimbabwe and Namibia.
“Bringing our manufacturing resources to Biltong USA will greatly increase scale, allowing us to get biltong into more people’s hands,” said Ted Casey, chairman of Stryve Foods.
Biltong USA will continue to offer its products under its current brand while also producing for Stryve Foods. The Biltong USA plant is in Stallings, North Carolina.
“This is a major accomplishment for our young brand and a huge step towards bringing awareness about this amazing product to the US. “We’re ready to make huge strides in the meat snack industry,” said Gabe Carimi, CEO of Stryve Foods.
Source: Meat + Poultry
Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.
Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.
The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.