Encore Consumer Capital has completed the sale of Thanasi Foods, marketer of the Duke's and BIGS snack brands, to Conagra Brands. By visiting 111 Pine Street Suite 1825 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 . As a kid, Duke was an Eagle Scout who grew up running around the Rocky Mountains searching out roadside jerky stands and exploring Colorado's back country with his family. The meat snacks company was founded in 2013 by Taylor Collins and Katie Forrest. We are published by the Brewers Association, the not-for-profit trade group dedicated to promoting and protecting Americas small and independent craft brewers. "These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. About Duke's Smoked Meats Now, see where he invests his money and why. Justin's address history includes 485 College Ave, Boulder, CO 80302. With the investment, more than 265 jobs will be retained across all three plants. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. For more information, visit www.BIGS.com. 5 oz pkg . Nov 30. 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.". For more information, please contact: Why? 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 Dukes and BIGS to another level. 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.. help you have the best experience while on the site. The in-your-face, delicious Cayenne Jerky exudes big flavor and strongpepper notes. Manufacturer and distributor of packaged snack foods, Founder of beef jerky empire buys Hawaii estate, Conagra Brands Completes Acquisition Of Thanasi, Thanasi Founder Talks Conagra Acquisition, https://en.wikipedia.org/w/index.php?title=Thanasi_Foods&oldid=1108944838, Manufacturing companies based in Boulder, Colorado, Food and drink companies based in Colorado, Food and drink companies established in 2004, Snack food manufacturers of the United States, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 7 September 2022, at 03:39. CAGNY Thanasi Foods' CEO Justin Havlick expects further M&A activity in the meat snacks category after ConAgra snapped up the Duke's maker last week. - Justin Duke Havlick. Dukes Original Shorty Sausage and the original Sawtooth Ale are a study in classic finesse that showcases how both a proper sausage and craft beer should be made. The buyer is Justin "Duke" Havlick, president and CEO of Boulder-based Thanasi Foods, which sells Frank's Redhot Beef Jerky, Jim Beam Beef Jerky, Stubbs BBQ Beef Jerky, Duke's Smoked Shorty. By closing this message or continuing to use our site, you agree to the use of cookies. 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. and [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. (smoked with hickory and hops) was paired with Devils Backbone's Striped Bass Pale Ale. General Mills, along with a number of the other food giants, has been stocking up on makers of natural and organic food due to the decline in the volume of more highly processed foods that include ingredients not considered natural. For more information, please visit www.dukesmeats.com. CAG) Inc. Havlick noted that an exit for Thanasi was not on any specific time clock, but after meeting with Conagra he was impressed by the passion of both the company and its CEO, Sean Connolly. The company says it will create 3,000 jobs at an average rate of $33.49 per hour and invest $3.6 billion into the economy. 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. data. Conagra Brands currently manages the Slim Jim meat stick brand and the DAVID Seeds brand. The one possible email address for Justin is jhavlick@gmail.com. Justin lived in Boulder, CO and Longmont, CO before relocating to their current city. The Duke's jerky brand name was started in 2004 by Justin Havlick, aka "Duke". All rights reserved. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. Google Shuts Down Its Trash-Sorting Robot Division. Dukes Bourbon Glaze Steak Strips & Left Hand Milk Stout Nitro. (NYSE: Their jerky is advertised to be made in small batches, and is smoked using real hardwoods, not "liquid lumber" in their words. Robert Brown, managing director of Encore Consumer Capital, said, "Thanasi Foods' founder and CEO Justin 'Duke' Havlick decided to bring on a strategic and financial partner, and we are . 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. No added nitrites (except for those naturally occurring in sea salt and celery powder). The ale is a perfect balance between malt and hops, providing an approachable accompanimentwith a restrained sweet aftertaste. Interestingly, the spiciness of the jerky is toned down by the pale ale, and finishes with a unique taste of molasses and brown sugarnicely setting your palateup for round two. Thanasi Foods LLC is a leading maker of premium meat snacks, including Duke's Smoked Shorty Sausages and Duke's Brisket & Steak Strips. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017, according toConagra. Our database of leading suppliers and service providers for the food and beverage industries. 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. The buyer is Justin "Duke" Havlick, president and CEO of Boulder-based Thanasi Foods, which sells Frank's Redhot Beef Jerky, Jim Beam Beef Jerky, Stubbs BBQ Beef Jerky, Duke's Smoked Shorty Sausages, Duke's Beef Steak Strips and Bigs Sunflower Seeds. 2.5 oz bag . There is no assurance that the potential transaction will be consummated, and there are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Duke's Meat Snacks Recall establishment, is recalling approximately 191,928 pounds of ready-to-eat pork sausage products . Jones Day served as legal counsel to Conagra Brands, Inc. TBC is pleased to announce the launching of TBC ESG Academy. Thanasi Foods LLC is a leading maker of premium meat snacks, including Duke's Smoked Shorty Sausages and Duke's Brisket & Steak Strips. Duke's Grass-Fed Beef Brisket Sea Salt & Pepper . Snacks & Candy Conagra Brands to Acquire Thanasi Foods Duke's Meat Snacks and Bigs Seeds will join portfolio already stocked by Slim Jim and David Seeds By Abbey Lewis on Mar. Justin "Duke" Havlick, Duke's and BIGS founder and chief executive officer: "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 United States." 111 Pine Street Suite 1825 Hershey did the deal to grow its share of convenience store shelves. Why are Dukes sausages recalled? Lastly, Salisbury, Md.-based poultry producer Perdue Farms Inc. bought Natural Food Holdings Inc. from White Plains, N.Y., PE firm LNK Partners LLC in early September. Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. The valley's cooler climate helps our local farmer friends produce chiles with an unforgettably-smoky and sweet taste. The valley's cooler climate helps our local farmer friends produce chiles with an . One of the things that happened fairly gradually and unexpectedly about going from my early twenties to my late twenties (and now thirty) is that the prospect of carving out five hours to go into a code hole went from trivial to implausible just from sheer logistics. It's no wonder why hatch chiles have become famous through the decades. This balanced pairing leaves an unforgettable aftertaste of dark chocolate, spice and overall deliciousness that keeps you begging for morethat is, if you can handle it! The FINANCIAL -- On March 16 Conagra Brands, Inc. announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC (Thanasi), maker of Duke . The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. Quality Control Manager - Meanwhile Brewing Com Market Manager - Cincinnati - Sixth City Distri Assistant Brewer - Campsite Brewing Company. The company is moving closer to closing the factory. VMG Partners, a PE firm based in San Francisco and Los Angeles that invests in natural and organic food companies, took a stake in Hinesburg, Vt.-based VSC Holdings Inc. VSC makes various smoked and cured meats under the Vermont Smoke and Cure brand. We proudly have grown and driven the growth of our business through organic growth and utilization of that profitability year over year to drive our capitalization. San Francisco, CA 94111 The plant suffered "pretty catastrophic" damage. Meanwhile, San Francisco-based private equity firm Encore Consumer Capital has invested in Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky. View the profiles of people named Justin Duke. Are you sure you want to delete your account? 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