Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. For more information, please visit www.dukesmeats.com. This batch was freshly crafted with Honey & Barrel-Aged Bourbon. Encore provided Thanasi with growth capital and partial liquidity for existing shareholders. <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 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. The Duke meat snacks and Bigs brands will be added to Conagra's product portfolio, which includes Slim Jim meat snacks and David Seeds. 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. Tbilisi, Georgia 0179 The FINANCIAL. (NYSE: Financial terms were not disclosed. For more information, please visit www.dukesmeats.com. Subscribe - Today in Manufacturing Podcast, Smart Actuators Help Robot Valets Optimize High-Volume Automobile Storage and Retrieval, 5 Minutes with Epson's Nathan Cheng on Using AR to Make Better Decisions, 5 Minutes with Laserfiche's Grace Nam on Moving AI from Buzzword to Practical Operating Tool, Preview Days Videos Help Attendees Pre-Plan IMTS 2022 Agenda, How to Select Ideal IIoT & Networking Solutions. (function(){var ml="mcte4ial%0onurfps. The first bite of the Hot & Spicy Sausages leaves your palatewith a manageable spiciness filled with accents of paprika. Dukes products are made in small batches with quality ingredients and authentic hardwood smoke pairings. All rights reserved. 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. For more information, please visit www.dukesmeats.com. Dukes Cracked Pepper Beef Jerky & Left Hand Black Jack Porter. - Justin "Duke" Havlick. We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". Metal Plant Explosion Kills Maintenance Worker. 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." and Pork raised with no hormones added (Federal regulations prohibit the use of hormones in pork). Ford Vehicles Could Soon Repossess Themselves. When youre here, youre surrounded by people who care about breweries and independence. The ale is a perfect balance between malt and hops, providing an approachable accompanimentwith a restrained sweet aftertaste. https://www.linkedin.com/company/2233840. 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. Brownstein Hyatt Farber Schreck, LLP acted as legal counsel to Thanasi Foods. 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. 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. 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. Fresh, never-frozen pork: We start with fresh, never froze, pork that has never been given added hormones (Federal regulations prohibit the use of hormones in pork). Also on the podcast, TI's massive expansion, Tesla recalls "full self-driving," Marksbury fined over child labor, GM patents self-cleaning touchscreen and thief steals thousands of chocolate Easter eggs. at The acquisition came only a week after Thanasi's brand Duke's debuted its shorty sausages and brisket products at the recent Expo West in Anaheim, California. Made with Beef Collagen Casing Caramel Color, Carmine). 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. BIGS partners with some of Americas most-loved brands to bring big, bold flavor to seeds. All contact info about Justin T Havlick, 50 from Kilauea, Hawaii - address, e-mail, phone, public records, etc at Councilon FOR FREE Quick Facts . The company was acquired by Conagra Brands in 2017. - Justin Duke Havlick. the Justin Duke Havlick. Dukes Roasted Cayenne Beef Jerky & Left Hand Wake Up Dead. For more information, visit www.BIGS.com. Duke has raised the steaks The roots go deep on this meat. Craft Beer, Meet Craft Jerky: Colorado Edition. 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. CHICAGO, March 16, 2017 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has entered into a definitive agreement to acquir. The companys portfolio is evolving to satisfy peoples changing food preferences. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability North America Index for six consecutive years. 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 ,. CraftBeer.com is fully dedicated to small and independent U.S. breweries. 2.5 oz bag . The startup will also lay off 300 employees. 17, 2017 In March 2017, Conagra based out of Nebraska started the process of acquiring Duke's Meats from Thansi Foods, LLC. For more information, visit www.BIGS.com. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. Financial terms were not disclosed. Thats why it came as no surprise when Justin Duke Havlick chose Left Hand Brewing Company, which upholds similar values of using uncomplicated ingredients, to help promote the newest trend of pairing craft beer with Dukes craft made jerky. Even "Top Gun" couldn't save the F/A-18 Super Hornet. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. 2023 Thanasi was founded in 2004 by Justin "Duke" Havlick. Thanasi Foods is a manufacturer and distributor of packaged snack foods. 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." 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. For example, you dont want to pair a spicier beer with a spicy jerky. BTW, Duke's Shorty is delicious as well, although it was not part of the . 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 general rule of pairing beer and jerky is to start with the milder items and work your way up to the bolder flavors. Stay up-to-date on today's vital cybersecurity topics by subscribing here. Justin started making his own jerky on his backyard smoker. Conagra Brands to buy Thanasi Foods | Meatpoultry.com . [2] [3] [4] References [ edit] ^ Founder of beef jerky empire buys Hawaii estate Oct 19, 2016 ^ Conagra Brands Completes Acquisition Of Thanasi April 24, 2017 Subscribe to receive the latest information. Thanasi Foods is a marketer of protein-based snacking products under the Dukes meat snacks and BIGS seeds brands. The transaction, subject to regulatory approval, is expected to close this summer.The decision to be acquired stemmed from the high growth that Thanasi has seen in both of its brands, said Greg O . These on-trend brands extend our meat snacks and seeds businesses into faster-growing, more premium segments. Hickory hardwood smoke: Smoked with 100% pure hickory wood for a deep, traditional smoke flavor. Dukes Original Shorty Smoked Sausages & Left Hand Sawtooth Ale. (415) 296-9850, directions Honestly for me, just being fortunate enough to be in this position to lead such a great team for 13 years has been a remarkable journey and I feel this is ashoutout to all the entrepreneurs in our lives to say you can do anything that you put your mind to, Havlick said. Food giant General Mills (GIS) - Get Free Report said Wednesday it is buying Epic Provisions, an Austin, Texas-based maker of meat bars. 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. Serving Size 1.0 oz Amount per serving Calories 80 % Daily Value* Total Fat . Havlick believes Thanasis Boulder headquarters, which will continue on, will bring inspiration to the food giant and give it access to another entrepreneurial food scene. All Sponsored Content is supplied by the advertising company. CAG) 5 oz pkg . Enjoy. With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability North America Index for six consecutive years. a 111 Pine Street Suite 1825 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. The valley's cooler climate helps our local farmer friends produce chiles with an unforgettably-smoky and sweet taste. General Mills is not alone. Calories 1 g. Sat Fat 410 mg. Both of the founders will stay involved with the business. 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. ir@conagra.com, CONAGRA BRANDS ANNOUNCES DETAILS OF FISCAL 2023 THIRD QUARTER EARNINGS RELEASE, WEBCAST AND CONFERENCE CALL. This batch was freshly crafted with roasted hatch chiles. Brands, Focused on crafting the highest-quality smoked meat snacks available, the family-operated business refuses to take shortcuts and is committed to producing its products in small batches with real, whole ingredients, fresh never-frozen pork and chicken, 100% grass-fed beef, and authentic hardwood smoke pairings. An ideal partnership that helped solidify our strategic sale to Conagra!" Thanasi Foods Founder & CEO, Justin "Duke" Havlick Prev All Next 111 Pine Street Suite 1825 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 . 5. Conagras iconic brands, such as Marie Callenders, Reddi-wip, Hunts, Healthy Choice, Slim Jim and Orville Redenbachers, as well as emerging brands, including Alexia, Blakes and Frontera, offer choices for every occasion. - Justin Duke Havlick. We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.. (415) 296-9850, directions But theres much that Thanasi can bring to Conagra as well. In 2015 Thanasi brought on Encore Capital as an investor. San Francisco, CA 94111 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. Small batch care: Batch case qty. (function(){var ml="526481)(90-%",mi="73506;19182:8409",o="";for(var j=0,l=mi.length;j