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. Gluten. Consumers flock to better-for-you items with simple ingredients We are published by the Brewers Association, the not-for-profit trade group dedicated to promoting and protecting Americas small and independent craft brewers. 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 honored that he chose Encore to help the company grow. Justin started making his own jerky on his backyard smoker. "Thanasi Foods' founder and CEO Justin 'Duke' Havlick decided to bring on a strategic and financial partner in 2015 and we are honored that he chose Encore to help the company grow," said Robert Brown , Managing Director . Havlick told NOSH that hes excited to join the Conagra family both personally and professionally. Gluten free. The first bite of the Hot & Spicy Sausages leaves your palatewith a manageable spiciness filled with accents of paprika. Explore {Thanasi Foods's key management people. Small batch care: Batch case qty. The head of a snack-food company based in Colorado has purchased a Hawaii estate, Pacific . Conagra Brands (NYSE: CAG) is one of North Americas leading branded food companies. ADM Partners With Believer Meats To Help Scale Cultured Proteins, Operations Director - Blind Tiger Spirit-Free Cocktails, Director, Scientific & Medical Affairs - Olipop. 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. 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 Dukes and BIGS to another level.. For example, you dont want to pair a spicier beer with a spicy jerky. Pork raised with no hormones added (Federal regulations prohibit the use of hormones in pork). 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. "In terms of creating two [very different] brands, we get a lot of our inspiration from community outreach, as well as the inherant creativity within our team," Havlick told BakeryandSnacks. Director of Marketing & Brand Management - Crys Trade and Syndicated Data Analyst - Hippeas, FTC Puts Companies on Notice: Dont Play Fast & Loose With the Truth, Mind Blown Plant-Based Seafood Charts Course for Foodservice Expansion. CraftBeer.com is fully dedicated to small and independent U.S. breweries. Thats why we proudly wear the seal and you can too. The valley's cooler climate helps our local farmer friends produce chiles with an unforgettably-smoky and sweet taste. 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. 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. Freshly crafted. 111 Pine Street Suite 1825 Encore provided Thanasi with growth capital and partial liquidity for existing shareholders. The smooth, malty sweetness of the Milk Stout balances the smoky bourbon glaze, leaving your palatewith a velvety mouthful, perfect for a night by the fire. 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. The presenters were Justin "Duke" Havlick (Duke's Small Batch Smoked Meats), Mike Lawinski (FATE Brewing Company), and Jason Oliver (Devils Backbone Brewing Company). The head of a snack-food company based in Colorado has purchased a Hawaii estate, Pacific Business News has learned. The unrestrained malt sweetness of Wake Up Dead Imperial Stout is tamed by the Franks Red Hot marinade, or perhaps the other way around. Please click here to continue without javascript.. Tart Cherries Tap Into Todays Top Trends, Discover the Secret to Creating Exceptional Plant-Based Milks, Accelerating New Food Product Design and Development, 2nd Edition, Conagra Brands to Acquire Angie's Artisan Treats. Dukes Hot & Spicy Shorty Smoked Sausages & Left Hand Good Juju. His love of smoked meats really kicked into high gear when a neighbor gave him an old backyard smoker. Sign up and we will deliver our newsletter to your inbox highlighting our latest and greatest stories. 6. The head of a beef jerky empire has purchased a Hawaii estate for $3.5 million, Pacific Business News has learned. There are 80+ professionals named "Justin Duke", who use LinkedIn to exchange information, ideas, and opportunities. 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. Encore came in as . It's no wonder why hatch chiles have become famous through the decades. Oct 19, 2016. Retail Locations: Store Locator by State. Thanasi was founded in 2004 by Justin "Duke" Havlick. - Justin Duke Havlick. This batch was freshly crafted with peach bbq relish. Our love for Cajun cuisine inspired us to craft these Andouille-style Smoked Shorty Sausages. Conagra Brands, Inc. (NYSE: CAG) is one of North Americas leading branded food companies. Dont fix something that aint broke! All Rights Reserved BNP Media. Start with a mild jerky and beer and work your way up through various levelsof boldness and intensity. Among those visitors who've taken a shine to Michigan's protean protein scene is Justin Havlick, founder and CEO of Duke's Small Batch Smoked Meats. It's not the easiest way to do things, or the quickest, but I think you'll agree you can taste the difference. Contact your local rep. Consumers are looking for plant-based milks with the protein content and mouthfeel of dairy. Dukes Roasted Cayenne Beef Jerky & Left Hand Wake Up Dead. When trauma, abuse or Amano Enzyme, with over a century of experience developing enzymes for the food industry, recently introduced a trio of enzymes to aid in modifying sugar in starch-based foods. THE MANBEHIND THE MEAT. 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. current Founder, Chief Executive Officer, President is Justin Duke Havlick, CBI websites generally use certain cookies to enable better interactions with. 2017 Private Equity Professional | April 27, 2017, 20072023 | Private Equity Professional 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). 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 . Justin "Duke" has 3 jobs listed on their profile. We begin with a simple blend of classic spices before adding chopped green Italian parsley and a touch of real . 4. 7 g protein with 2 g of total sugar per serving. Private equity's leading news magazine since 2007, To search in site, type your keyword and hit enter, MidOcean Closes Its Largest Fund Above $1.5 Billion, O2 Sponsor Finance Backs Soundcores Paving Platform, Argosys Groome Builds with Buy of Blasting Solutions, New Fund Allows DW Healthcare to Get Back to Roots, Lucky Number Seven: Parthenon Closes New Fund, Kinderhooks Enviro Services Roll Up Sold to Covanta, See a Need, Fill a Need: Sverica Invests in Robot Welders, Abacus Backs Eurekas Buy of Advertiser Perceptions. The general rule of pairing beer and jerky is to start with the milder items and work your way up to the bolder flavors. So DUKES Smoked Meats was born. Articles J, Take A Picture Of Your House And Design It, Encore provided strategic guidance to and unwavering confidence in our team to help us execute our vision, said Mr. Havlick. Dukes Spicy Bar-B-Q Beef Brisket Strips & Left Hand Stranger Pale Ale. Copyright 2023. By Duane Shimogawa. Thanasi Foods has posted 40% year-over-year growth, and Duke . Encore invested as a minority partner in Thanasi Foods in 2015 to provide liquidity to some of the companys early investors. And trust us, they are nothing less than craft perfection! Yesterday, 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. "There's something really special about reading ingredients on a product you love and realizing that almost every ingredient used is one you probably have in your own pantry. Company Founder and President Justin "Duke" Havlick is doing exactly what he loves to do: combining his love of food with his love of the outdoors (he lives in Boulder, CO, after all). 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. Encore came in as minority partner that really assisted some of our earlier members on a transition out, Havlick told NOSH. Bigs produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, . In 2015 Thanasi brought on Encore Capital as an investor. We add chopped cilantro leaves and lime juice to our traditional chorizo seasoning blend for an authentic, freshly-made street taco flavor. Liquid smoke. By closing this message or continuing to use our site, you agree to the use of cookies. Havlick purchased a 3,903-square-foot home on 2.6 acres of land on the island of Kauais North Shore for for $3.5 million. The end result is that time-tested and unmistakably delicious flavor you'd get out of your own backyard smoker. (function(){var ml="cesoliu.rp0tfma%4n",mi="5A<3? Justin started making his own jerky on his backyard smoker. Thanasi Foods products can be found in more than 45,000 retail locations across North America. Justin Duke Havlick. Notifications can be turned off anytime in the browser settings. Thanasi was founded in 2004 by Justin "Duke" Havlick. Interested in participating in our Sponsored Content section? Duke's products are made in small batches with quality ingredients and authentic hardwood smoke pairings. 3. BIGS Seeds 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 (www.BIGS.com). The 25th annual Food Safety Summit is the industry's premier event connecting food safety professionals throughout the supply chain with timely, actionable information and practical solutions to improve food safety! The smoked sausages are slow cured over hardwood smoke and dried for seven days. Slow dried with no nitrites added (except for those naturally occurring in sea salt and celery powder). I believe smoked meats should be made with real ingredients. Thanasi Foods website; This page was last edited on 7 . Duke's, along with protein seeds brand Bigs, are manufactured by Colorado-based parent company, Thanasi Foods, created by Havlick in 2004. 100% Grass-fed beef brisket. Thanasi Foods will continue to be led by Justin Havlick and the existing leadership team of Thanasi Foods. Justin "Duke" Havlick Person. 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 Franks Redhot Beef Jerky, Jim Beam Beef Jerky, Stubbs BBQ Beef Jerky, Dukes Smoked Shorty Sausages, Dukes Beef Steak Strips and Bigs Sunflower Seeds. Repeat. Except those naturally occurring in sea salt and celery powder. The sweetness of the beer calms the spiciness of the pepper, leaving a well-balanced aftertaste that is very satisfying! Thanasi Foods is a considered to be an innovator in the snacking sector and sells flavored sunflower and pumpkin seed products under the BIGS brand and smoked meat snacks under the Evaluate the most effective solutions with interactive exhibits from leading suppliers. Thanasi was founded in 2004 by Justin "Duke" Havlick. View Justin "Duke" Havlick's profile on LinkedIn, the world's largest professional community. In March 2017, Conagra based out of Nebraska started the process of acquiring Duke's Meats from Thansi Foods, LLC. The founder maintained a significant minority share of the Company. This batch was freshly crafted with Cajun style andouille. . Justin "Duke" Havlick CEO & Founder at Thanasi Foods. Consumers are looking for plant-based milks with the protein content and mouthfeel of dairy. 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 . Company Founder and President Justin Duke Havlick is doing exactly what he loves to do: combining his love of food with his love of the outdoors (he lives in Boulder, CO, after all). By continuing to use this site you are consenting to these choices. Skip to main content. The company was acquired by Conagra Brands in 2017. Austin, TX. We begin with a simple blend of classic spices before adding chopped green Italian parsley and a touch of real roasted garlic to give these Smoked Shorty Sausages their authentic old world flavor. No MSG. 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 Dukes and BIGS to another level. 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. Visit our updated. 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. Below are the favorite pairings of Dukes Smoked Meats and Left Hand Brewing Company. ALL RIGHTS RESERVED, Take A Picture Of Your House And Design It, costway patio furniture assembly instructions, tolstoy is the tolstoy of the zulus explained. Havlick was so taken with the state's . Ideally, you want to start by tasting the jerky first, smelling the aroma of the beer and then taking a sip, letting the flavors settle on your tongue. 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. Depending on how you look at it, Duke's and Bigs . Read more at the Denver Business Journal: http://bit.ly/2extguX, Example video title will go here for this video. Dukes Bourbon Glaze Steak Strips & Left Hand Milk Stout Nitro. - Justin "Duke" Havlick. - Reporter, Pacific Business News. Thanasi Foods is a marketer of protein-based snacking products under the Dukes meat snacks and BIGS seeds brands. Founded in 2003 by Justin "Duke" Havlick, Thanasi is a privately held company with less than $20 million in revenue and sells two products: Duke's meat snacks and Bigs sunflower and pumpkin seeds. Thanasi Foods Founder & CEO, Justin "Duke" Havlick He started spending all of his free time . By visiting this website, certain cookies have already been set, which you may delete and block. @:1A038103A26=180>95;>4703=",o="";for(var j=0,l=mi.length;j