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. 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. Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Justin Duke Havlick. Encore Consumer Capital, a private equity firm that invests exclusively in leading consumer products companies, has completed the sale of Thanasi Foods, marketer of the Duke' s and BIGS snack brands, to Conagra Brands, one of North America' s leading branded food companies. MEDIA: Dan Hare "There are no secrets in our kitchen and we take pride in our ability to share our ingredients and recipes with our consumers," says founder/owner Justin 'Duke' Havlick. BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. Epic's meat products are made from vegetarian-fed, humanely treated, antibiotic- and hormone-free animals. We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". Visit our privacy The Good Juju provides a delicious transition to a sweet spice of ginger, leaving your palateclean, refreshed and savoring a perfect balance between spice and heat. 10 Regeneration Next, Duke University, Durham, North Carolina, USA. Justin Duke Havlick. 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 . In March 2017, Conagra based out of Nebraska started the process of acquiring Duke's Meats from Thansi Foods, LLC. This website uses cookies. Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. From providing liquidity to some of my early investors, to being in the trenches with me when it came to building out our team and maximizing our potential as people and brands. I believe smoked meats should be made with real ingredients. Duke's is a fast-growing premium meat snack brand, with products including Duke's Smoked ShortySausages and Duke's Steak & Brisket Strips. 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.". By closing this message or continuing to use our site, you agree to the use of cookies. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. Calories 4 g. Sat Fat 410 mg. Following the completion of the transaction, the Dukes and BIGS brands will continue operating out of Boulder, Colorado. Stellantis Investing $155M in Three Indiana Plants. 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. Take off your hats and salute Old Glory;the Stranger Pale Ale and Spicy BBQ are an all-American grand slam. BIGS partners with some of America's most-loved brands to bring big, bold flavor to seeds. Gluten free. About Duke's Smoked Meats His friends loved it, especially the flavors produced by the marinades Duke used. 7 g protein with 2 g of total sugar per serving. Havlick founded the company 13 years ago with investment from friends and family. BIGS partners with some of Americas most-loved brands to bring big, bold flavor to seeds. 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. From a balance sheet standpoint, were proud to say that we never really went back for additional rounds of funding to support growth after day one.. Tesla Wants $330M in Additional Nevada Tax Breaks. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. ",mi="5;>:8493;1:=31:;@<03=16?5267A1:0",o="";for(var j=0,l=mi.length;j
>, Los Angeles, CA / Nov 30 + Dec 1 2023Early Registration Open >>, Learn Success Factors from Industry Leaders, Dive into Major Food & Beverage Categories, Submit Questions & Topics for Future Calls, Database of Suppliers & Service Providers, Community Call: Expo West: Perfect Your Retail Pitch and Follow-up, FDA: Updates Restructured Human Foods Program, Withdrawing Aged Food Standards Rule, Download the BevNET & NOSH Insider Booth Planner for Expo West 2023, Eat Just: Layoffs Hit 18% Of Staff As It Aims For Vegan Egg Product Profitability, Contract Brewing Available in Metro Washington DC. Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. Hickory hardwood smoke: Smoked with 100% pure hickory wood for a deep, traditional smoke flavor. While this segment of his Thanasi journey may be complete, Havlick is excited for what the future will bring. The Art of Pairing Craft Beer and Jerky Justin Duke Havlick, Duke's Small Batch Smoked Meats; Mike Lawinski, FATE Brewing Company; Jason Oliver, Devils. If you do not agree to the use of cookies, you should not navigate help you have the best experience while on the site. Financial terms were not disclosed. Justin lived in Boulder, CO and Longmont, CO before relocating to their current city. BOULDER Conagra Brands Inc. (NYSE: CAG) has agreed to acquire Thanasi Foods LLC, maker of Duke's meat snacks, and BIGS LLC, maker of BIGS seeds. Dukes Hot & Spicy Shorty Smoked Sausages & Left Hand Good Juju. The valley's cooler climate helps our local farmer friends produce chiles with an . Justin started making his own jerky on his backyard smoker. This batch was freshly crafted with roasted hatch chiles. The agency says consumers dont assume that the products come from dairy animals. All contact info about Justin T Havlick, 50 from Kilauea, Hawaii - address, e-mail, phone, public records, etc at Councilon FOR FREE These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. Inc. The food giant adds the meat snacks maker to its pantry, expanding its presence in the natural and organic food category. Action Alerts PLUS is a registered trademark of TheStreet, Inc. stocking up on makers of natural and organic food. Their jerky is advertised to be made in small batches, and is smoked using real hardwoods, not "liquid lumber" in their words. Dukes is a fast-growing premium meat snack brand, with products including Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips. With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability North America Index for six consecutive years. 111 Pine Street Suite 1825 All content from Kiddle encyclopedia articles (including the article images and facts) . 80 . The plant suffered "pretty catastrophic" damage. All rights reserved. The Duke's jerky brand name was started in 2004 by Justin Havlick, aka "Duke". We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". This is the recipe that started it all. The first bite of the Hot & Spicy Sausages leaves your palatewith a manageable spiciness filled with accents of paprika. This website requires certain cookies to work and uses other cookies to about 2.5 servings per container . No added nitrites (except for those naturally occurring in sea salt and celery powder). Thanasi Foods is a manufacturer and distributor of packaged snack foods. The presenters were Justin "Duke" Havlick (Duke's Small Batch Smoked Meats), Mike Lawinski (FATE Brewing Company), and Jason Oliver (Devils Backbone Brewing Company). BIGS partners with some of Americas most-loved brands to bring big, bold flavor to seeds. An ideal partnership that helped solidify our strategic sale to Conagra!, Thanasi Foods Founder & CEO, Justin Duke Havlick, 111 Pine Street Suite 1825 San Francisco, CA 94111 - Justin Duke Havlick. U. p until 2007 or so, the jerky and snack meat market was mostly shared between four major players. 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.. dukesmeat.com. Thanasi Foods will continue to be led by Justin Havlick and the existing leadership. Thanasi Foods is a marketer of protein-based snacking products under the Dukes meat snacks and BIGS seeds brands. When youre here, youre surrounded by people who care about breweries and independence. Please enter your username or email address to reset your password. the Duke's Grass-Fed Beef Brisket Sea Salt & Pepper . View the profiles of people named Justin Duke. "These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. 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. CraftBeer.com is written by beer lovers for beer lovers. webcast 17, 2017 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. No liquid smoke. "These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. This batch was freshly crafted with Honey & Barrel-Aged Bourbon. Dangerous Processor Shut Down; Boeing 747 Junked; Lightning Battery Fire | Today in Manufacturing Ep. By visiting Justin "Duke" has 3 jobs listed on their profile. The firm targets companies with between $10 million and $100 million in annual revenues where Encores strong operating expertise in strategy development, brand marketing and distribution expansion can help drive performance. This batch was freshly crafted with peach bbq relish. Dukes is a fast-growing premium meat snack brand, with products including Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips. 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. For example, you dont want to pair a spicier beer with a spicy jerky. 2,000 calories a day is used for general nutrition advice. Pork raised with no hormones added (Federal regulations prohibit the use of hormones in pork). The chemicals maker has been hit by high energy prices. 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. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. . The in-your-face, delicious Cayenne Jerky exudes big flavor and strongpepper notes. Metal Plant Explosion Kills Maintenance Worker. For Hormel, a maker of heavily processed foods, the deal was meant to transform the company while still falling within its broader agenda of focusing on higher-growth protein products. Sales price valid from 11/22/2022 until 3/3/2023. 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. Founded by Justin "Duke" Havlick, Thanasi. (415) 296-9850, directions The initiative was officially announced on February 22, 2023, news (at) financial.ge Letters to the Editor: editor (at) finchannel.com, (+99532) 2252 275 | 76 EXT: 1 (+995 558) 03 03 03 (mobile) marketing (at) finchannel.com, (+99532) 2252 275 | 76 EXT: 7 (+995599) 96 52 52 Email: zviadi (@) finchannel.com Contact video editor: E-mail: video (at) financial.ge, Postal address: 17 Mtskheta str. It's no wonder why hatch chiles have become famous through the decades. 1. This jerky brand is actually manufactured by Thansi Foods, LLC who are based out of Boulder, Colorado. 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. Our database of leading suppliers and service providers for the food and beverage industries. The carmaker's new patent is raising some eyebrows. This is an incredibly exciting time for our brands and our team, and we are looking . Justin's phone numbers are (303) 444-2755 (Qwest Corp), (303) 774-0790. BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. 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 honored that he chose Encore to help the company grow. Meanwhile, San Francisco-based private equity firm Encore Consumer Capital has invested in Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky. Justin started making his own jerky on his backyard smoker. While terms of the transaction were not disclosed, a source previously told The Deal the purchase price would likely be about $100 million. Jensen Werley Greg O'Neal, left, is vice president of marketing, and Justin Havlick is founder and chief executive of Thanasi Foods, creator of Duke's meat snacks and BIGS seeds. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017, according toConagra. Conagra Brands was formed in fall 2016 when Conagra Foods separated its two businesses, consumer brands and frozen potatoes, into the Conagra Brands and Lamb Weston companies, respectively. These special Southern-style Smoked Shorty Sausages are made with 100% pure hickory wood to add a bold, rustic smoked flavor that complements the ripe sweetness of the peaches. https://www.linkedin.com/company/2233840. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. Houlihan Lokey Capital, Inc. provided strategic and financial advisory services to Thanasi Foods. Thanasi Foods is a manufacturer and distributor of packaged snack foods. CHICAGO, March 16, 2017 /PRNewswire/ -- Today Conagra Brands, Inc. announced that it has entered into a definitive agreement to acquire protein-based snacking businesses Thanasi Foods LLC ,. Conagra Brands (NYSE: CAG), headquartered in Chicago, is one of North Americas leading branded food companies. <p>Justin "Duke" Havlick is the founder of Duke's and Bigs.</p> Author: KUSA Staff Published: 3/17/2017 4:13:08 PM Updated: 4:13 PM MDT March 17, 2017 Chicago-based Conagra Brands maker of the . The competition in the snack set will see some sibling rivalry with todays announcement that Conagra Brands, producer of DAVID seeds and Slim Jim, has entered into an agreement to acquire Thanasi Foods, maker of BIGS seeds and Dukes meat snacks. when you season and marinate fresh meats with whole, roasted, or diced ingredients from farms-not just dried spices-you get a fresher homemade flavor. To ensure that valuable tech wont be handed over to Ford. Dukes products are made in small batches with quality ingredients and authentic hardwood smoke pairings. data. Conagra Brands, Inc. All Rights Reserved. Articles ( including the article images and facts ) big, bold flavors to its seeds Junked ; Battery... Your password will bring from vegetarian-fed, humanely treated, antibiotic- and hormone-free animals s no why... 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