Pennsylvania Business Report

German snack company Intersnack Group to acquire Utz Brands

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By Dave Kovaleski  |  July 23, 2026

Utz Brands, based in Hanover, is being acquired by Intersnack Group GmbH & Co. KG, a leading, multinational snack manufacturer based in Germany. Intersnack Group will acquire all outstanding shares of class A common stock of Utz for $14.25 per share in cash, or roughly $2.9 billion. This price represents a premium of approximately 91 percent over the July 20 closing price. “I have spent significant time with the Intersnack team and have been impressed by Intersnack’s deep...

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EQT’s 2025 Sustainability Report highlights net-zero Scope 1 and Scope 2 emissions for second consecutive year

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By Liz Carey  |  July 22, 2026

Philadelphia shipyard selected to build vessels for the U.S. Missile Defense Agency

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By Liz Carey  |  July 21, 2026

Eos Energy Enterprises wins contract for Golden Dome for America

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By Liz Carey  |  July 20, 2026
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