The valley's cooler climate helps our local farmer friends produce chiles with an unforgettably-smoky and sweet taste. We undertake no responsibility for updating these statements. His friends loved it, especially the flavors produced by the marinades Duke used. Conagras last acquisition of a natural products company was last September, when it picked up Frontera Foods and Red Fork. will The firm has raised over $600 million in equity capital and invested in 25 companies. Justin "Duke" has 3 jobs listed on their profile. 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. 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. 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. The valuation was said to be five times the approximately $20 million in revenue Epic was estimated to have generated in 2015. Gluten-free Nutrition . For more information, please visit www.dukesmeats.com. 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 lived in Boulder, CO and Longmont, CO before relocating to their current city. 107. Thanasi was founded in 2004 by Justin "Duke" Havlick. Approaches to engineer recombinant capsids for . Quick Facts . 111 Pine Street Suite 1825 San Francisco, CA 94111 Why? It can reach up to 225 miles per hour in 30 seconds. Both of the founders will stay involved with the business. Justin's address history includes 485 College Ave, Boulder, CO 80302. All Sponsored Content is supplied by the advertising company. "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," said Justin "Duke" Havlick, Duke's and BIGS founder and chief executive officer. The startup will also lay off 300 employees. BIGS partners with some of America's most iconic and loved ingredient brands to bring big, bold flavors to its seeds. The chemicals maker has been hit by high energy prices. Thanasi was founded in 2004 by Justin "Duke" Havlick. Thanasi Foods is a manufacturer and distributor of packaged snack foods. 2023 TheStreet, Inc. All rights reserved. Google Shuts Down Its Trash-Sorting Robot Division. . Action Alerts PLUS is a registered trademark of TheStreet, Inc. stocking up on makers of natural and organic food. 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. "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. 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 ,. Encore came in as minority partner that really assisted some of our earlier members on a transition out, Havlick told NOSH. The transaction is subject to customary closing conditions, including the receipt of regulatory approval, and is expected to close summer 2017. 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. "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.," said Justin "Duke" Havlick, founder and CEO of Duke's and Bigs. Design, CMS, Hosting & Web Development :: ePublishing, This website requires certain cookies to work and uses other cookies to help you have the best experience. The agency says consumers dont assume that the products come from dairy animals. Metal Plant Explosion Kills Maintenance Worker. Join Facebook to connect with Justin Duke and others you may know. Encore was a key strategic partner for me and our team at Thanasi. This batch was freshly crafted with: Classic spices & herbs: This is the recipe that started it all. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. 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. Based in Boulder, CO, BIGS produces a line of premium, USA-grown seed snacks, including jumbo, fire-roasted in-shell sunflower seeds, sunflower seed kernels, and homestyle-roasted pumpkin seeds. Encore invested as a minority partner in Thanasi Foods in 2015 to provide liquidity to some of the company's early investors. 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. Copyright 2023. Justin Duke Havlick. 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.". You see Jim Cramer on TV. - Justin "Duke" Havlick. Dukes Spicy Bar-B-Q Beef Brisket Strips & Left Hand Stranger Pale Ale. His friends loved it, especially the flavors produced by the marinades Duke used. Financial terms were not disclosed. Conagra Brands Enters Into Definitive Agreement To Acquire Thanasi Foods, Maker Of Duke's Meat Snacks And BIGS Seeds, Code of Ethics for Senior Corporate Officers, Nominating and Corporate Governance Committee. Hershey did the deal to grow its share of convenience store shelves. We are published by the Brewers Association, the not-for-profit trade group dedicated to promoting and protecting Americas small and independent craft brewers. The division was developing a fleet of one-armed robots on wheels to handle menial tasks. In March 2017, Conagra based out of Nebraska started the process of acquiring Duke's Meats from Thansi Foods, LLC. (415) 296-9850, directions 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) Dukes Original Shorty Sausage and the original Sawtooth Ale are a study in classic finesse that showcases how both a proper sausage and craft beer should be made. See the complete profile on LinkedIn and . 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*. The thick, premium, hand-cut steak strips exude a meaty tenderness with undertones of whiskey and sticky-sweet molasses. 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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 Duke . Gluten free. The presenters were Justin "Duke" Havlick (Duke's Small Batch Smoked Meats), Mike Lawinski (FATE Brewing Company), and Jason Oliver (Devils Backbone Brewing Company). We proudly have grown and driven the growth of our business through organic growth and utilization of that profitability year over year to drive our capitalization. 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. Real ingredients taste better. and cookie policy to learn more about the cookies we use and how we use your 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. This batch was freshly crafted with peach bbq relish. This batch was freshly crafted with Honey & Barrel-Aged Bourbon. (smoked with hickory and hops) was paired with Devils Backbone's Striped Bass Pale Ale. present Epic's meat products are made from vegetarian-fed, humanely treated, antibiotic- and hormone-free animals. No worries. Business Wire 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 Dukes and BIGS snack brands, to Conagra Brands, one of North Americas leading branded food companies. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. Their brands include Duke's Smoked Shorty Sausages and Bigs Sunflower Seeds. There is no better place to kick back and enjoy a fresh, crisp brew than the Napa Valley of craft beer: Colorado. Duke's Smoked Shorty Sausages Original Recipe Gluten Free . Slow dried with no nitrites added (except for those naturally occurring in sea salt and celery powder). The general rule of pairing beer and jerky is to start with the milder items and work your way up to the bolder flavors. 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. Tbilisi, Georgia 0179 The FINANCIAL. Thanasi Foods LLC is a leading maker of premium meat snacks, including Duke's Smoked Shorty Sausages and Duke's Brisket & Steak Strips. Conagra Brands currently manages the Slim Jim meat stick brand and the DAVID Seeds brand. Justin "Duke" Havlick, president and CEO of Thanasi Foods, which makes Frank's Redhot Beef Jerky, Jim Beam Beef Jerky, Stubbs BBQ Beef Jerky, Duke's Smoked Shorty Sausages and Duke's Beef. The presenters were Justin "Duke" Havlick (Duke's Small Batch Smoked Meats), Mike Lawinski (FATE Brewing Company), and Jason Oliver (Devils Backbone Brewing Company). Dont fix something that aint broke! 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 . Dukes is a fast-growing premium meat snack brand, with products including Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips. 1. The in-your-face, delicious Cayenne Jerky exudes big flavor and strongpepper notes. 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. Your information will be erased and your published posts will be reassigned to the site's admin account. Brands, "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. CHICAGO, March 16, 2017 /PRNewswire/ --Today Conagra Brands, Inc. (NYSE: CAG) 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. Our earlier members on a transition out, Havlick told NOSH miles per hour in 30 seconds steak Strips a. 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