Sales price valid from 11/22/2022 until 3/3/2023. The presenters were Justin "Duke" Havlick (Duke's Small Batch Smoked Meats), Mike Lawinski (FATE Brewing Company), and Jason Oliver (Devils Backbone Brewing Company). General Mills is not alone. 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. Quality Control Manager - Meanwhile Brewing Com Market Manager - Cincinnati - Sixth City Distri Assistant Brewer - Campsite Brewing Company. Justin "Duke" has 3 jobs listed on their profile. Encore came in as minority partner that really assisted some of our earlier members on a transition out, Havlick told NOSH. San Francisco, CA 94111 Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. The Duke's jerky brand name was started in 2004 by Justin Havlick, aka "Duke". 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." host at He recently called General Mills a stock you hold for the long termand noted the company boughtback stock last year -- about 30 million shares out of 593 million outstanding -- while getting rid of underperforming brands. Stay up-to-date on today's vital cybersecurity topics by subscribing here. 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. 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. Brownstein Hyatt Farber Schreck, LLP acted as legal counsel to Thanasi 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. The Duke's jerky brand name was started in 2004 by Justin Havlick, aka "Duke". The strips are smoked slowly until they reaches a level of utmost tenderness and replicate a fall-off-the-bone feel and taste. For more information, please contact: 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. For the love of jerky, Justin "Duke" Havlick Current Product Lineup Smoked Shorty Sausages - Chorizo & Lime (1.25oz) Smoked Shorty Sausages - Chorizo & Lime (5oz) Smoked Shorty Sausages - Original Recipe (1.25oz) Smoked Shorty Sausages - Original Recipe (5oz) Smoked Shorty Sausages - Hatch Green Chile (1.25oz) 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. Havlick founded the company 13 years ago with investment from friends and family. 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 . All Rights Reserved BNP Media. (function(){var ml="mcte4ial%0onurfps. Hickory hardwood smoke: Smoked with 100% pure hickory wood for a deep, traditional smoke flavor. Duke's Meat Snacks Recall establishment, is recalling approximately 191,928 pounds of ready-to-eat pork sausage products . With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability North America Index for six consecutive years. Smoked meats. Brands, 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. 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 . Thanasi Foods is a marketer of protein-based snacking products under the Dukes meat snacks and BIGS seeds brands. Collins and Forrest both had tried myriad diets, but concluded lean meats were among the best food options for a physically active lifestyle and set out to create snacks that incorporated them. CraftBeer.com is written by beer lovers for beer lovers. Thanasi Foods will continue to be led by Justin Havlick and the existing leadership team of Thanasi Foods. Dont fix something that aint broke! Financial terms were not disclosed. When youre here, youre surrounded by people who care about breweries and independence. 4. Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. 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 (Thanasi), maker of Duke's meat snacks, and BIGS LLC (BIGS), maker of BIGS seeds. ir@conagra.com, CONAGRA BRANDS ANNOUNCES DETAILS OF FISCAL 2023 THIRD QUARTER EARNINGS RELEASE, WEBCAST AND CONFERENCE CALL. 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! 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. Duke's products are made in small batches with quality ingredients and authentic hardwood smoke pairings. - Justin Duke Havlick. By visiting this website, certain cookies have already been set, which you may delete and block. will 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. These forward-looking statements include, among others, statements regarding expected synergies and benefits of a potential combination of Conagra Brands and Thanasi and BIGS, expectations about future business plans, prospective performance and opportunities, regulatory approvals and the expected timing of the completion of the transaction. This action cannot be undone. The chemicals maker has been hit by high energy prices. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated, Tart Cherries Tap Into Todays Top Trends, From Attar to Zaatar Exploring the World of Middle Eastern Flavors, Accelerating New Food Product Design and Development, 2nd Edition. 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. Justin's address history includes 485 College Ave, Boulder, CO 80302. Epic's meat products are made from vegetarian-fed, humanely treated, antibiotic- and hormone-free animals. 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. This jerky brand is actually manufactured by Thansi Foods, LLC who are based out of Boulder, Colorado. 5 oz pkg . Subscribe to receive the latest information. GM to Idle Truck Plant But Not Due to Supply Issues. 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.. - Justin Duke Havlick. It's no wonder why hatch chiles have become famous through the decades. Approaches to engineer recombinant capsids for . Dukes Original Shorty Smoked Sausages & Left Hand Sawtooth Ale. 17, 2017 Sodium 2 g. Sugars Nutrition Facts . Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. 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. These forward-looking statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. This batch was freshly crafted with peach bbq relish. document.getElementById("eeb-49608-174680").innerHTML = eval(decodeURIComponent("%27%69%6e%66%6f%40%65%6e%63%6f%72%65%63%6f%6e%73%75%6d%65%72%63%61%70%69%74%61%6c%2e%63%6f%6d%27"))*protected email*. Join Facebook to connect with Justin Duke and others you may know. According to a filing with the Securities and Exchange Commission, Conagra acquired the companies for $108.9 million in cash, net of assumed liabilities, and subject to working capital adjustments. 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. Thats why we proudly wear the seal and you can too. 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. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. Duke has raised the steaks The roots go deep on this meat. 130 . this website. At Dukes Small Batch Smoked Meats,our jerky-obsessed company prides itself on the craft of making jerky. Take off your hats and salute Old Glory;the Stranger Pale Ale and Spicy BBQ are an all-American grand slam. CAG) For more information, please visit www.dukesmeats.com. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. 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.". Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Encore Consumer Capital is a San Francisco-based private equity investment firm focused on the consumer products industry. 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. Pork raised with no hormones added (Federal regulations prohibit the use of hormones in pork). This batch was freshly crafted with roasted hatch chiles. Inc. Justin "Duke" Havlick, Duke's and BIGS founder and CEO, 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. Stellantis Investing $155M in Three Indiana Plants. We then smother each strip individually in a marinade of . This is an incredibly exciting time for our brands and our team, and we are looking . Below are the favorite pairings of Dukes Smoked Meats and Left Hand Brewing Company. The Deal reported in December that Epic was seeking a sale, aided by investment bank Piper Jaffray & Co. We roast them, dice them thick, and let the natural chile oils infuse the . Your information will be erased and your published posts will be reassigned to the site's admin account. Theres great people out there with great companies that are watching all of us and admire what the entrepreneurial community is doing with food., Newton, MA / April 13, 2023Register Now >>, 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. About a year ago, in late January, Hershey, Pa.-based confectionery giant Hershey (HSY) - Get Free Report acquired Sonoma, Calif.-based Krave Pure Foods Inc., the maker of Krave jerky products, for roughly nine times its revenue of $35 million, or more than $300 million. Meanwhile, San Francisco-based private equity firm Encore Consumer Capital has invested in Boulder, Colo.-based Thanasi Foods, parent of Duke's Jerky. Chicken, bison, beef, pork and turkey are used in their products. 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. 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 Dukes meat snacks, and BIGS LLC (BIGS), maker of BIGS seeds. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. Readers of this press release should understand that these statements are not guarantees of performance or results. The company is moving closer to closing the factory. Justin started making his own jerky on his backyard smoker. Jones Day served as legal counsel to Conagra Brands, Inc. TBC is pleased to announce the launching of TBC ESG Academy. All rights reserved. [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. For more information, please visit www.dukesmeats.com. Stories and opinions shared on CraftBeer.com do not imply endorsement by or positions taken by the Brewers Association or its members. This is an incredibly exciting time for our brands and our team, and we are looking . Visit our updated, This website requires certain cookies to work and uses other cookies to help you have the best experience. Tesla Wants $330M in Additional Nevada Tax Breaks. Following the completion of the transaction, the Duke's and BIGS brands will continue operating out of Boulder, Colorado. Founded in 2004 by Justin "Duke" Havlick, the company continues with Duke's same original vision of producing sausage snacks that are made from 100% grass-fed beef, flavorful ingredients, and creative smoke parings. this website, certain cookies have already been set, which you may delete and Both of the founders will stay involved with the business. The unrestrained malt sweetness of Wake Up Dead Imperial Stout is tamed by the Franks Red Hot marinade, or perhaps the other way around. With the investment, more than 265 jobs will be retained across all three plants. Financial terms of the deal were not disclosed. Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. 7 g protein with 2 g of total sugar per serving. The food giant adds the meat snacks maker to its pantry, expanding its presence in the natural and organic food category. BIGS partners with some of America's most-loved brands to bring big, bold flavor to seeds. block. Dukes is a fast-growing premium meat snack brand, with products including Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips. "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. Sign up and we will deliver our newsletter to your inbox highlighting our latest and greatest stories. No worries. Encore provided Thanasi with growth capital and partial liquidity for existing shareholders. Financial terms were not disclosed. The one possible email address for Justin is jhavlick@gmail.com. (NYSE: Sodium --Sugars Nutrition Facts Servings Per Container about 6 Amount Per Serving Calories 130 % Daily Value* Total Fat . 10 Regeneration Next, Duke University, Durham, North Carolina, USA. call Their jerky is advertised to be made in small batches, and is smoked using real hardwoods, not "liquid lumber" in their words. 1. about 2.5 servings per container . This batch was freshly crafted with: Classic spices & herbs: This is the recipe that started it all. Duke's products are made in small batches with quality ingredients and authentic hardwood smoke pairings. 2023 Something to keep in mind while pairing is the intensity of flavors. BIGS produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds. 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. 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. 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. Calories 1 g. Sat Fat 410 mg. 111 Pine Street Suite 1825 San Francisco, CA 94111 It's no wonder why hatch chiles have become famous through the decades. Now, see where he invests his money and why. Gluten free. The decision could signal a sea change in the auto industry. 2023 Industrial Media, LLC. Justin lived in Boulder, CO and Longmont, CO before relocating to their current city. On this Wikipedia the language links are at the top of the page across from the article title. "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. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. Thanasi Foods LLC is a leading maker of premium meat snacks, including Duke's Smoked Shorty Sausages and Duke's Brisket & Steak Strips. Serving Size 1.0 oz Amount per serving Calories 80 % Daily Value* Total Fat . Boeing Plans to End Production of 'Top Gun' Plane in 2025. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. 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. This is an incredibly exciting time for our brands and our team, and we are looking . We are looking forward to working with the Thanasi team to grow the brands further and create value for our shareholders.". The thick, premium, hand-cut steak strips exude a meaty tenderness with undertones of whiskey and sticky-sweet molasses. Start with a mild jerky and beer and work your way up through various levelsof boldness and intensity. His friends loved it, especially the flavors produced by the marinades Duke used. Their jerky is advertised to be made in small batches, and is smoked using real hardwoods, not "liquid lumber" in their words. By continuing to use this website you are giving consent to cookies being used. Copyright 2023. This website requires certain cookies to work and uses other cookies to Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. BIGS partners with some of America's most-loved brands to bring big, bold flavor to seeds. San Francisco, CA 94111 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. These risks and uncertainties include: the timing to consummate a potential transaction between Conagra Brands and Thanasi and BIGS; the ability and timing to obtain required regulatory approvals and satisfy other closing conditions; Conagra Brands' ability to realize the synergies contemplated by a potential transaction; Conagra Brands' ability to promptly and effectively integrate the business of Conagra Brands and Thanasi and BIGS; Conagra Brands' ability to achieve the intended benefits of acquisitions and divestitures, including the transaction described in this press release and the recent spin-off of Conagra Brands' Lamb Weston business; general economic and industry conditions; Conagra Brands' ability to successfully execute its long-term value creation strategy; Conagra Brands' ability to access capital; Conagra Brands' ability to execute its operating and restructuring plans and achieve its targeted operating efficiencies, cost-saving initiatives, and trade optimization programs; the effectiveness of its hedging activities, including volatility in commodities that could negatively impact its derivative positions and, in turn, its earnings; the competitive environment and related market conditions; Conagra Brands' ability to respond to changing consumer preferences and the success of its innovation and marketing investments; the ultimate impact of any product recalls and litigation, including litigation related to the lead paint and pigment matters; actions of governments and regulatory factors affecting Conagra Brands' businesses; the availability and prices of raw materials, including any negative effects caused by inflation or weather conditions; risks and uncertainties associated with intangible assets, including any future goodwill or intangible assets impairment charges; the costs, disruption, and diversion of management's attention associated with campaigns commenced by activist investors; and other risks described in the reports filed by Conagra Brands from time to time with the Securities and Exchange Commission. 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. Conagra Brands currently manages the Slim Jim meat stick brand and the DAVID Seeds brand. With an ongoing commitment to corporate citizenship, Conagra Brands has been named to the Dow Jones Sustainability North America Index for six consecutive years. Ford Vehicles Could Soon Repossess Themselves. Action Alerts PLUS is a registered trademark of TheStreet, Inc. stocking up on makers of natural and organic food. His love of smoked meats really kicked into high gear when a neighbor gave him an old backyard smoker. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. 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. Freshly crafted. Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the Prepared Foods audience. - Justin Duke Havlick. 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. Pleased to announce the launching of TBC ESG Academy @ gmail.com why we proudly wear the and! The marinades Duke used approval, and we will deliver our newsletter to inbox... On today 's vital cybersecurity topics by subscribing here receive full access our! For justin is jhavlick @ gmail.com erased and your published posts will reassigned. 330M in Additional Nevada Tax Breaks existing shareholders. `` actually manufactured by Thansi Foods, LLC are... Be reassigned to the site 's admin account is recalling approximately 191,928 pounds of ready-to-eat pork sausage.! $ 330M in Additional Nevada Tax Breaks gm to Idle Truck Plant But not Due to a power... S address history includes 485 College Ave, Boulder, Colorado WEBCAST and CONFERENCE CALL assisted... Can too, premium, hand-cut Steak strips exude a meaty tenderness with undertones of whiskey sticky-sweet!, and we will deliver our newsletter to your inbox highlighting our latest and greatest stories with some of 's! Nyse: Sodium -- Sugars Nutrition Facts Servings per Container about 6 Amount per serving Calories %! 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