Insignia to sell Mexican style snacks producer Truco Enterprises to Utz Brands
Insignia Capital Group has agreed to sell Truco Enterprises, a maker of tortilla chips, salsa, and queso sold under the On The Border (OTB) brand, to Utz Brands, a US snack food company, for $480 million. The California-based private equity firm invested in Truco Enterprises about six years ago and is said to have helped […]